UNCLASSIFIED
142621
MDHIAN 4096
MEMBER OF THE AC SUN YAUHENG SAID THAT LAND GRANT FOR THE AIRPORT
WAS PART OF THE FINANCING PACKAGE WHICH SHOULD BE DISCUSSED AS A
WHOLE IN THE AC.
10.
FCO LOCAL SPOKESMAN WAS QUOTED AS SAYING THAT THE NEXT AC
MEETING WAS EXPECTED TO TAKE PLACE WITHIN THIS MONTH. QUOTING A CHINESE SOURCE, HONG KONG STANDARD REPORTED TODAY THAT THE MEETING MIGHT BE HELD IN THIRD WEEK OF JUNE. ORIENTAL DAILY SAID
THAT DATES WOULD DEPEND ON OUTCOME OF THE FIFTH ROUND OF
POLITICAL TALKS. SOURCES CONFIRMED THAT A NEW FINANCING PACKAGE
HAD BEEN PRESENTED TO THE CHINESE SIDE. THE LAST MEETING HAD DISCUSSED THE WESTERN HARBOUR CROSSING, WHICH WAS EXPECTED TO BE RESOLVED AT THE NEXT ROUND.
COURT OF FINAL APPEAL.
11. MANY PAPERS REPORTED THAT IN REPLY TO A LETTER FROM
LEGISLATOR ALLEN LEE, LU PING SAID THAT THE JLG AGREEMENT ON THE CFA COULD NOT BE AMENDED. THE CHINESE SIDE WERE SINCERE IN
IMPLEMENTING THE AGREEMENT. IF THE BRITISH SIDE DID NOT DO THEIR PART, CHINA WOULD SET UP A CFA AFTER 1997 IN ACCORDANCE WITH THE BL.
12.
A GOVERNMENT SPOKESMAN YESTERDAY SAID THAT THE CFA WAS NOT
ON THE EXCO AGENDA. THE LEGISLATION WAS BEING DRAFTED ON THE
BASIS OF THE SINO-BRITISH AGREEMENT ON THE CFA AND THAT THIS WORK WOULD TAKE SOME MONTHS TO COMPLETE. QUOTING INFORMED SOURCES, MING PAO SAID TODAY THAT THE ONLY SOLUTION WAS TO DRAFT THE
LEGISLATION ON THE BASIS OF THE JLG AGREEMENT AND SUBMIT IT TO LEGCO WHEN THE TIME WAS RIPE, MOST PROBABLY IN 1994-95.
13. MEANWHILE A NUMBER OF PAPERS QUOTED BARONESS DUNN AS SAYING AFTER YESTERDAY'S EXCO MEETING THAT HONG KONG PEOPLE SHOULD
SERIOUSLY CONSIDER WHETHER THEY WOULD RATHER ACCEPT A LESS THAN
IDEAL AGREEMENT WHICH NEVERTHELESS WOULD ENABLE THE EARLY ESTABLISHMENT OF A CFA, OR NOT SETTING UP A CFA AT ALL. THE BARONESS ADDED THAT TIME WAS NEEDED TO BUILD UP CREDIBILITY OF
AND CONFIDENCE IN THE CFA.
PATTEN
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