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123/3.
SECRETARY OF STATE'S VISIT TO SOUTH KOREA, 7 - 9 APRIL 1993
HONG KONG
Points to Make
Positive economic picture (5% growth in 1992 and the same predicted for this year). Hong Kong's success hinges on its
economy. But we also need to create the right political
environment.
Our position on discussing 1995 electoral arrangements with
China has not changed. We have said from the outset that we
want to talk, and have done everything possible to get talks
underway. The Governor delayed publication of legislation four times to create best possible climate but could not delay
the process indefinitely. We remain ready for constructive discussions at any time. Publishing the legislation makes no
difference to that.
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