TUESDAY, JUNE 28, 1988
1
SIGNIFICANT IMPROVEMENT FOR HK IN NEW DCA
GOVERNMENT
WITH
NEGOTIATED
ΤΟ IMPROVEMENT
THE BRITISH HONG KONG'S IN
THE NEW DEFENCE COSTS AGREEMENT
REPRESENTED A SIGNIFICANT FINANCIAL POSITION, THE FINANCIAL SECRETARY, MR PIERS JACOBS, SAID LONDON ON MONDAY (JUNE 27).
THIS WAS STATED TODAY BY
WHEN SPEAKING JACOBS,
THE AGREEMENT INITIALLING OF DEFENCE.
'וי
THE FINANCIAL
MR SECRETARY,
PIERS THE PRESS IN LONDON JUST BEFORE THE
WITH
THE OFFICIALS OF
MINISTRY OF
OF
SAVING HE POINTED OUT THAT THE AGREEMENT WOULD RESULT IN A
MAINTAINING ONE THIRD IN HONG KONG'S CONTRIBUTION TOWARDS THE COST OF THE GARRISON BETWEEN NOW AND 1997.
THE
HE ADDED THAT THE SAVINGS WOULD BE SIGNIFICANTLY MORE THAN
POLICE OVER ESTIMATED TWO BILLION DOLLARS IT WOULD COST TO EXPAND THE THE SAME PERIOD.
MAJOR
IMPROVEMENTS
TO EQUIVALENT
MR JACOBS SAID IT WAS NOT ENOUGH TO LOOK AT
IN MONEY TERMS,
SAVINGS THE
WERE SIGNIFICANT OF COSTS ALONF.
AND
WOULD
FOR ALLOW
OF PROVISION IN
PUBLIC THE CONSTRUCTION OF SEVERAL SERVICES IN HONG KONG, HOSPITALS.
THE APPORTIONMENT
THE
ONE
THE FINANCIAL SECRETARY SAID THAT
BY MAKING ECONOMIES WOULD BE ACHIEVED WAS GARRISON SUCH AS THE PROCUREMENT OF SUPPLIES KONG RATHER THAN FROM BRITAIN.
ASKED HOW HONG KONG
то
WAY IN WHICH SAVINGS IN EXPENDITURE
AND
ON THE
EQUIPMENT IN HONG
THE
NEW
WAS
AGREEMENT,
WOULD REACT DISAPPOINTED IF IT
NOT ACCEPTED JACOBS SAID HE WOULD BE WELCOMED BY THE MAJORITY OF PEOPLE. MORE SO BECAUSE IT REPRESENTED REVERSAL OF THE PAST TREND OF INCREASING COSTS.
NO'
COMMENTING ON THE NEGOTIATIONS, HE SAID THEY WERE A "THE
SIDE BRITISH
DID
COMMENCE THEIR CONTEMPLATING A REDUCTION, WE HAVE SECURED THAT.
SLOG.
MR
AND A
LONG HARD NEGOTIATIONS
=
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