1992-12-04 18:53 COMMS OFFICE (GOUT HOUSE)

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HONG KONG'S ECONOMIC AND POLITICAL DEVELOPMENT.

MY VISITS ABROAD HAVE LEFT ME IN NO DOUBT HOW MANY FRIENDS HONG

KONG HAS AROUND THE WORLD. THOSE FRIENDS ADMIRE HONG KONG'S

ACHIEVEMENTS AND THEY WISH US WELL.

I AM PLEASED THAT IN MY ABSENCE THE REQUEST FOR FUNDING TO

ENABLE THE AIRPORT SITE PREPARATION CONTRACT TO PROCEED WAS APPROVED

BY THE FINANCE COMMITTEE LAST FRIDAY AFTER AN INTENSIVE AND LENGTHY

DEBATE. THIS WAS A VITAL DECISION. IT ENABLES US TO TAKE AN

IMPORTANT STEP FORWARD IN HONG KONG'S AIRPORT CORE PROGRAMME AND TO

CONTINUE то MEET OUR

UNDER THE MEMORANDUM OF

UNDERSTANDING. THE DECISION ALSO GIVES US MORE TIME TO SEEK AGREEMENT

WITH CHINA ON THE OVERALL FINANCING PLAN; REACHING THAT AGREEMENT HAS

ALWAYS BEEN OUR PRIME AIM.

OBLIGATIONS

ON CONSTITUTIONAL DEVELOPMENT, MEMBERS KNOW THAT I PROPOSE TO

PUT LEGISLATIVE PROPOSALS TO THE LEGISLATIVE COUNCIL AS SOON AS

POSSIBLE AFTER THE CHINESE NEW YEAR BREAK, WHICH IS LIKELY TO MEAN

BEFORE THE END OF FEBRUARY. THE PRECISE SHAPE AND DETAIL OF THE DRAFT

LEGISLATION WILL BE DECIDED BY THE EXECUTIVE COUNCIL. I AM, OF

COURSE, AWARE THAT MANY MEMBERS OF THIS COUNCIL HAVE COME UNDER

CONSIDERABLE PERSONAL PRESSURE OVER THESE AND RELATED MATTERS. I KNOW

THAT MEMBERS WILL CONTINUE TO BE GUIDED BY THEIR OWN JUDGMENT OF WHAT

IS BEST FOR HONG KONG AND THEIR RESPONSIBILITY TO THE PEOPLE OF HONG

KONG. THAT IS HOW IT SHOULD BE.

I'M DISAPPOINTED THAT THE CHINESE SIDE HAVE THUS FAR BEEN

UNWILLING TO ACCEPT MY OFFER OF DISCUSSIONS, OR TO PUT FORWARD THEIR

OWN IDEAS. MANY PEOPLE ARE CALLING FOR A RETURN TO SENSIBLE, RATIONAL

DIALOGUE. I HEARTILY ENDORSE THAT CALL. I HAVE BEEN TRYING TO

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