2
04
TUESDAY, MAY 20, 1986
+WE COULDN'T GET IT FINISHED IN THE THREE DAYS I ALLOTTED. IT WAS QUITE A SHORT VISIT. SO IN ORDER TO ENSURE THAT WE GOT RIGHT THROUGH THE LIST I STAYED ON AN EXTRA WORKING DAY,+ HE SAID.
ASKED TO COMMENT ON THE TALKS BETWEEN CHINA AIRLINES AND CIVIL AVIATION ADMINISTRATION OF CHINA OFFICIALS ON THE STRANDED CAL CARGO PLANE AND ITS CREW, SIR EDWARD SAID THE TALKS WERE NOT REALLY FOR HIM, AND THAT HAD NO CONNECTION WHATSOEVER WITH MY STAYING ON+.
ON HIS DISCUSSIONS WITH BRITISH OFFICIALS ON VIETNAMESE REFUGEES, SIR EDWARD SAID WHAT HE MADE CLEAR TO LONDON WAS THE IMPORTANCE WHICH HONG KONG ATTACHED TO THE CONTINUING OFF-TAKE OF REFUGEES.
+THE INITIATIVE WHICH WAS SET IN MOTION SOME TIME AGO ISN'T GOING TOO BADLY. BUT OF COURSE WHAT WE ARE LOOKING FOR IS A STEADY OFF-TAKE SO THAT THE NUMBERS IN HONG KONG CONTINUE TO FALL, HE SAID.
IN REPLY TO A QUESTION ON WHO WOULD BECOME THE NEXT GOVERNOR OF HONG KONG, SIR EDWARD SAID IT WAS A BIT TOO EARLY TO THINK ABOUT THAT.
SIR EDWARD WAS MET AT THE AIRPORT BY THE CHIEF SECRETARY, SIR DAVID AKERS-JONES, THE SENIOR UNOFFICIAL MEMBER OF THE EXECUTIVE COUNCIL, SIR S.Y. CHUNG, AND THE SENIOR UNOFFICIAL MEMBER OF THE LEGISLATIVE COUNCIL, MISS LYDIA DUNN.
APPROVAL SOUGHT FOR HK COMMITMENT TO ADB
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THE FINANCE COMMITTEE WILL BE ASKED TO APPROVE A SUM OF $16.6 MILLION AS HONG KONG'S COMMITMENT TO THE PAID-IN PORTION OF THE THIRD GENERAL CAPITAL INCREASE OF THE ASIAN DEVELOPMENT BANK AT ITS MEETING TOMORROW (WEDNESDAY).
THIS SUM WILL FORM PART OF A TOTAL FINANCIAL COMMITMENT OF $331.8 MILLION, WHICH WILL ALSO BE PUT BEFORE THE FINANCE COMMITTEE FOR APPROVAL TOMORROW, ARISING FROM A SUBSCRIPTION BY HONG KONG TO THE BANK'S THIRD GENERAL CAPITAL INCREASE.
THE REMAINING FINANCIAL COMMITMENT, AMOUNTING TO $315.2 MILLION, WILL BE A CONTINGENT LIABILITY OF THE CALLABLE SHARES WHICH ARE SUBJECT TO CALL ONLY AS AND WHEN REQUIRED BY ADB TO MEET ITS FINANCIAL OBLIGATIONS.
/ADB'S THIRD