سوم
ཨཱམྦྷསྶ;
SECRET
SECRET
FM HONG KONG
TO DESKBY 25100OZ F C O
TELNO 1662
OF 250816Z MAY 91
AND TO IMMEDIATE PEKING
INFO IMMEDIATE UKREP JLG HONG KONG
HKB 182 12.
34
064011
MDHIAN 8346
TOP COPY Q DIST?
RESIDENT CLERK PLEASE PASS IMMEDIATELY TO PAUL, HKD
MIPT:
1
"
PRESS BRIEFING
IN BACKGROUND BRIEFING, WE PROPOSE TO REBUT THE CHINESE MISREPRESENTATION OF OUR POSITION ON THE FOLLOWING LIENS:
(A)
1
(B)
1
1
CONCESSIONS. BRITISH SIDE HAVE MADE MANY MOVES TO MEET IDENTIFIED CHINESE CONCERNS. EXAMPLES:
PREPARED TO PLAN FINANCES SO THAT AT LEAST HK DOLLARS 25 BILLION WILL BE LEFT IN THE FISCAL RESERVES IN 1997
·
PREPARED TO SET UP A CONSULTATIVE COMMITTEE ON THE AIRPORT. BOTH SIDES AGREE THAT THIS SHOULD NOT HAVE DECISION-MAKING
POWER.
PREPARED TO APPOINT HONG KONG-BASED INDIVIDUAL NOMINATED BY THE CHINESE SIDE TO THE AIRPORT AUTHORITY.
BUT NEED FOR BALANCE AND CERTAINTY. WE NEED ASSURANCES
THAT:
WE CAN GET ON WITH THE PROJECTS WITHOUT FURTHER DELAY. WOULD BE PREPARED TO CONSULT CHINESE SIDE IF BULK OF ANY PROJECT WERE TO FALL AFTER 1 JULY 1997, OR IF WE WERE TO ADD ANY NEW PROJECTS NOT FORESEEN AT PRESENT.
WE CAN LET AIRPORT FRANCHISES STRADDLING 1997.
WE CAN BORROW WITHIN A PRUDENT LIMIT IF NECESSARY.
WE CAN GUARANTEE BORROWING BY PUBLIC AUTHORITIES SHOULD THIS BE NECESSARY.
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