9

The following is the full text of Sir Y.K. Kan's speech:

"These annual gatherings are important from my point of

view as they enable us all to be better briefed on changes and developments

in the United Kingdom and the progress in Britain's small but dynamic

territory in the Far East. Indeed, I have sought to establish a tradition

whereby once a year, as Chairman of the Trade Development Council, I

try to meet together with my friends in Britain. My purpose in this has

been to enable me to meet in a friendly and convivial atmosphere to

talk about things which mutually affect Great Britain and Hong Kong.

This evening's dinner provides me with the opportunity to do so here

tonight.

"Mr President, we guests appreciate your opening remarks,

your contribution to the development of Hong Kong as Governor and to

this night's proceedings. And the words of the Chairman of the Hong

Kong Association are most relevant to the present day circumstances

of Hong Kong and Great Britain and I thank you for them on behalf of

the guests.

"Mr Secretary, when in Hong Kong last January you stated

your policies and your philosophical approach to international trade.

And we liked what you had to say. Like you, Sir, we in Hong Kong

believe that with our very special and unique relationship, closer

co-operation will be to our mutual advantage. Indeed, this was

very much the theme of your farewell press conference when you talked

about reciprocity. There, you expounded a forthright and pragmatic

approach to our "special" relationship and we wholeheartedly endorse

this.

As you have appreciated Sir, we are a very practical and

straightforward people in economic matters.

/"This, of course

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