Phased programme for registration of BDTCS as BNOS
Essential that all BDTCS who want them should be guaranteed BNO passports before the power to issue them ceases on 1 July 1997. Phased programme is the tool which will ensure that the HKG is able to process all applications and issue passports in time.
Would be irresponsible not to put in place the practical arrangements needed to discharge efficiently our responsibility to applicants for BNO status and passports.
Key points of programme and background:
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The proposed Hong Kong British Nationality (Amendment) Order 1993 will prescribe cut-off dates (by age group) for the acquisition of BNO status which will replace that of BDTC after 30 June 1997. Programme with legally enforceable cut-off dates needed to ensure that up to 3.5 million Hong Kong people eligible to register as BNOS can do so, if they choose. Governor would have discretion to accept late applications. took the decision to introduce the programme, after close consultation with the Hong Kong Government. The Executive Council of the Hong Kong Government has twice endorsed the programme, most recently on 4 May.
HMG
NEW AIRPORT
All agree that Hong Kong needs a new airport if it is to remain an international trade and financial centre.
- Have done our best to take account of Chinese problems with financing arrangements. We shall continue to discuss variations on the funding proposals until we reach agreement.
Believe that agreement could be reached quickly if financing issues tackled on their merits.
In the meantime, we are maintaining momentum on the airport to avoid expensive slippages and cost increases.
- The project represents excellent value for money. Any substantial cost reduction would compromise the scope of the project and would not lead to the construction of the first rate airport which Hong Kong needs.
ECONOMY
Economic fundamentals in Hong Kong remain very strong. Probably sounder than in any other community in the world. GDP grew by 5% in 1992, and is expected to remain in the range of 5-5.5% in 1993. Trade with China continues to boom. Investment
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