VISIT BY MINISTER FOR TRADE TO HONG KONG: 23

26 JULY 1992

NEW AIRPORT

LINE TO TAKE (WILL NEED UPDATING]

Unfortunate that the Chinese are being slow in agreeing to HKG's

financing proposals.

Important that the airport projects go ahead quickly. Delays not in anyone's interests. Vital for HK.'s continuing stability and prosperity that airport be completed as soon as possible.

Convinced that HKG's proposals for financing the projects are

efficient and cost effective.

Disappointed that recent talks in Peking and Hong Kong have been

unsuccessful. Chinese continue to raise problems. [UPDATE]

Early resolution of these issues is most important.

needham.hk

TF

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