04-87-1991 18:50 GOUT INFORMATION SERVICES

- 952 537 1530 F.31

Atton. Rebekah Way

1

FOR YOUR INFORMATION

16: Seina- Binbach Office

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Senior Legco member Allen Lee commented that it was important that an egreement had been reached alas. Omelco member Rita Fan said that the agreement was "reasonable" in view of the fact that the project straddled 1997 obliging the future SAR Government to shoulder responsibilities.

The local stock market has reacted favourably to the agreement, rising more than 50 points.

AmCham president Warren Williams said HK did need a new airport and that he would welcome any breakthrough in the airport controversy "with open arms".

NONA UK vice-director Zhang Junzheng described the agreement as “a very significant document" that would enhance relationship between the two countries.

Distribution

ob

(via Duty Officer)

AR

AN

AU

CR

CN

CDU

P/NE

P/NS

Duty Officer

FR1 PP1

90'd

PRD

Date: 47. */

Time: 18.50

Md. Shane for

Mr Furry A

TOTAL P.01

ÞO-20-166T

S'I'9

52:61

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