N
FRIDAY, MARCH 3, 1989
THE SPOKESMAN
SAID THE
REINFORCEMENT OF EXISTING BEST
GUIDELINE PRACTICES,
INSTITUTIONS TO CONTINUE THEIR VIGILANCE.
HONG
BEFORE ISSUING THE GUIDELINE, THE
KONG
OF BANKS, ASSOCIATION
THE
SHOULD AND AN
BE
SEEN AS A
ENCOURAGEMENT
TO
COMMISSIONER
HONG HONG
CONSULTED THE DEPOSIT-TAKING
SUPPORTED HIS
COMPANIES ASSOCIATION, THE BANKING ADVISORY COMMITTEE AND THE DEPOSIT- TAKING COMPANIES ADVISORY COMMITTEE, ALL OF WHOM FULLY INITIATIVE.
COMMITMENT TO A SMOOTH TRANSITION
THE VERY SATISFACTORY MANNER IN WHICH VARIOUS COMPLEX ISSUES RELATING TO THE TRANSITION HAVE BEEN RESOLVED SHOWS THAT THE CHINESE GOVERNMENT IS COMMITTED MORE THAN EVER TO ENSURING THAT HONG KONG WILL POLICY, THE CONTINUE TO PROSPER UNDER THE "ONE COUNTRY, TWO SYSTEMS DEPUTY SECRETARY FOR GENERAL DUTIES, MR DONALD TSANG, HAS SAID IN UNITED STATES.
**
THE
SPEAKING BEFORE A FULL-HOUSE JOINT MEETING OF THE ENGLISH MR SPEAKING UNION AND THE ASIA FOUNDATION IN SAN FRANCISCO THIS WEEK, TSANG SAID HE WAS CONFIDENT THAT DRIVEN BY THEIR SHARED OBJECTIVES,
WORK IN BOTH THE CHINESE AND BRITISH SIDES WOULD CONTINUE THEIR GOOD THE RUN-UP TO 1997.
OF
"THE EVIDENCE OF THE PAST FOUR YEARS SHOWS THAT BOTH COUNTRIES ARE COMMITTED TO ENSURING THAT, NOTWITHSTANDING THE CHANGE SOVEREIGNTY, THE FAVOURABLE CONDITIONS WHICH HAVE HITHERTO CONTRIBUTED || HE TO THE STABILITY AND PROSPERITY OF HONG KONG WOULD BE MAINTAINED, SAID.
DECLARATION "THE SINO-BRITISH JOINT
CHARTING THE FUTURE OF AND IS ITSELF A HONG KONG BEYOND 1997 IS A VERY DETAILED DOCUMENT, THE SERIOUSNESS AND TESTIMONY OF
PRAGMATISM WITH WHICH THE TWO OF GOVERNMENTS HAVE ENDEAVOURED TO RESOLVE THE QUESTION OF THE FUTURE HONG KONG."
MAIN DESPITE ITS SHORT HISTORY THE JOINT LIAISON GROUP, AS THE
IMPLEMENTING THE MECHANISM FOR STEERING THE TWO GOVERNMENTS' EFFORTS JOINT DECLARATION, HAD PRODUCED AN IMPRESSIVE LIST OF ACHIEVEMENTS.
THIS INCLUDED SAFEGUARDING HONG KONG'S ABILITY TO TRADE FREELY
CONTRACTING PARTY AND INDEPENDENTLY BY HONG KONG BECOMING A
THE GENERAL AGREEMENT ON TARIFFS AND TRADE, A MEMBER OF THE CO-OPERATION COUNCIL
AND CONTINUED
DEVELOPMENT BANK AFTER 1997.
PARTICIPATION
IN
OF
THE
CUSTOMS ASIAN
/IN CONSIDERING