FOREIGN SECRETARY

Maga

SPEECH LONDON

16 SEPTEMBER 1991

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So this is a remarkable jewel.

The whole basis

of our policy

over the last decade has been to do our best to enable Hong Kong

to continue that story of success in conditions of stability,

justice and freedom into the next century.

That was the spirit in which Margaret Thatcher signed the 1984

Agreement. For 5 years after that Hong Kong prospered as China

and Britain cooperated over Hong Kong matters with the increasing

participation of people from Hong Kong itself. The economic

reform in China contributed to that success.

In 1989 there was a setback caused by the events in Tianenman

Square, the tragedy in Tianenman Square. We know the reasons for

that, we know the anxieties, dignified but very strong, which

those events aroused in Hong Kong. And we the British Government,

the Government of Hong Kong, EXCO, LEGCO, have been wrestling

since then to restore confidence and diminish anxiety. It has not

been entirely easy and there have been setbacks along the way, but

the Prime Minister's visit to Peking and Hong Kong a few weeks ago

marks I believe the opening of a new and better phase.

He signed of course in Peking with Prime Minister Li Peng the

Memorandum of Understanding on the airport and again anyone who

knows Hong Kong knows the great importance of that airport

project in itself. They also, the two Prime Ministers, reaffirmed

the content and the spirit of the Joint Declaration of 1984 and

there has been some real progress on a number of issues apart from

the airport in the last few weeks. I am thinking in particular of

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