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PRIME MINISTER

ANGLO-HONG KONG TRUST LUNCH

Points raised at the lunch:

true.

1.

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3.

There was a real feeling in Hong Kong that the United Kingdom was retreating and it was suggested that somehow a positive signal of the UK's permanent interest in Hong Kong

was needed.

The most important point raised concerned the USA and their most favoured nation status. Everyone agreed that this should remain in place. It would be enormously difficult if this was removed and at the moment the US had to go through a procedure for reviewing it annually.

The importance of Hong Kong as a stepping-stone to South China was something to which the businessmen thought the UK should address itself.

4.

On several occasions it was thought that a politician rather than a diplomat should be in a high profile position in Hong Kong.

an.

GRAHAM BRIGHT

13th March, 1991

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