- MAYEN, A
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AUSTRALIA Agreement a positive step which would greatly enhance the prospects for smooth transition of Hong Kong to Chinese sovereignty in 1997. All the parties recognised the need for a new airport; the existing airport would soon be inadequate for Hong Kong's needs; and the early completion of a second airport would strengthen the basis of Hong Kong's economic development and prosperity. Hoped that resolution of the airport problem would help remove other irritants between the parties and would bolster confidence in Hong Kong's future. Australia and other countries in the region had a major stake in the smooth and peaceful transition of Hong Kong to China. Australia supported efforts by all the parties concerned to ensure that the post-1997 Special Administrative Region would have continued economic prosperity and a high degree of autonomy.
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(Statement by Senator Evans,
Minister for Foreign Affairs
and Trade)
NEW ZEALAND New Zealand's trading future inextricably
linked with the dynamic economies of Asia.
Hong Kong had an important place in this region. Delighted to hear that agreement had now been reached. Uncertainty served no-one's
interests, neither did uncertainty about Hong Kong's financial reserves in 1997. Foreign and local business
confidence would now take heart from the agreements. Sure that Hong Kong citizens would also feel more reassured about the future of Hong Kong. A positive outcome to what must have been difficult negotiations. The significance of the agreement was obvious from the Prime Minister's intention to travel to Peking to sign it. From New Zealand's point of view, confidence in Hong Kong and its future with China
would be beneficial for New Zealand's trade and economic
links with both. A successful and smooth transition in 1997 would be a positive factor in the Asia-Pacific region
generally.
ATPADZ/2
(Statement by Mr McKinnon,
Minister for External Relations
and Trade)
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