WEDNESDAY, NOVEMBER 24, 1993

29

HK WILL HOST BUSINESS COMMUNITY AFTER 1997: COMMISSIONER USA

* *

**

HONG KONG WILL CONTINUE TO PLAY HOST TO THE INTERNATIONAL BUSINESS COMMUNITY, AND ESPECIALLY BUSINESSES FROM THE UNITED STATES, AFTER 1997, HONG KONG COMMISSIONER TO THE UNITED STATES, MR BARRIE WIGGHAM, SAID YESTERDAY (TUESDAY) DURING HIS FIRST OFFICIAL VISIT TO NEW YORK CITY.

"I SEE HONG KONG EMERGING THE OTHER SIDE OF 1997 VERY MUCH RECOGNISABLE AS THE HONG KONG WE SEE THIS SIDE OF 1997, WITH THE WORLD CONTINUING TO PLAY ITS BUSINESS ROLE THERE, NOT LEAST, OF COURSE, THE UNITED STATES," MR WIGGHAM SAID DURING A LIVE INTERVIEW ON CNBC-TV'S SHOW, INSIDE OPINION.

ADDED.

11

"WE HAVE A VERY BIG UNITED STATES PRESENCE IN HONG KONG, HE

MR WIGGHAM EXPLAINED DURING THE DAILY NEWS TV PROGRAMME BROADCAST IN THE UNITED STATES AND EUROPE THAT HONG KONG WILL CONTINUE TO HAVE ITS OWN SYSTEMS AFTER 1997, INCLUDING ITS OWN FREELY EXCHANGEABLE DOLLAR, ITS OWN FINANCIAL AND BUDGETARY SYSTEMS, AND ITS OWN LAWS BASED ON ENGLISH COMMON LAW.

中市 "SO HONG KONG WILL CONTINUE VERY MUCH AS IT IS NOW, MR WIGGHAM SAID, ADDING THAT HONG KONG'S OWN LEGISLATURE, NOT THE MAINLAND, WILL ENACT LAWS;

"THOSE LAWS WILL PROTECT THE INVESTOR, AND I THINK IT'S BECAUSE OF THAT WE'VE SEEN THIS GREAT AWAKENING OF INVESTMENT INTEREST IN HONG KONG, MR WIGGHAM SAID.

COMMENTING ON THE RECENTLY CONCLUDED ASIAN PACIFIC ECONOMIC CO- OPERATION CONFERENCE IN SEATTLE, MR WIGGHAM SAID ONE OF THE SPECIFIC ISSUES TO COME OUT OF THE FORUM WAS AN AGREEMENT ΤΟ PUT EMPHASIS ON EDUCATION.

"IN HONG KONG, WE REALISE THAT THE PEOPLE ARE OUR MAIN MR WIGGHAM SAID.

GREATER

ASSET,

Ft

"SO WE HAVE FOR YEARS SPENT MORE ON EDUCATION THAN ON ANYTHING ELSE, AND WE SEE THAT AS AN INVESTMENT SO THAT WE CAN TRAIN OUR FUTURE WORKFORCE, IMPROVE OUR SKILLS, AND BE PART OF, IF NOT LEAD, THE HIGH TECH WORLD THAT WE'RE ALL LOOKING FORWARD TO."

FI

AS

PART OF MR WIGGHAM'S VISIT TO NEW YORK, HE ALSO MET FORMER U.S. SECRETARY OF STATE MR CYRUS VANCE AND CHAIRMAN OF THE FOREIGN POLICY ASSOCIATION IN NEW YORK MR PAUL FORD TO DISCUSS HONG KONG- UNITED STATES ECONOMIC RELATIONS.

NEXT WEEK, MR WIGGHAM, WHO IS BASED IN WASHINGTON TRAVEL TO BOSTON AND CHICAGO AS PART OF HIS VISITS PROGRAMME UNITED STATES.

DC.

WILL

IN

THE

/30

Share This Page