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During a 45-minute question-and-answer session at the breakfast meeting, Mr Patten was also questioned about the Vietnamese migrants problem faced by Hong Kong.

In response to that question, he said Hong Kong faced what was almost "a ludicrous paradox" on the other hand there were people living in camps in Hong Kong reluctant to return to Vietnam and Hong Kong was now the biggest investor in Vietnam.

Mr Patten said in places like Mozambique, Angola, in what was Yugoslavia, Afghanistan where there were problems of warfare, famine, drought, it was understandable that economic migrants from these countries did not want to return to their countries, but Vietnam was an economy that was starting to pick up speed, there should not be any reason why people should not return to it.

He said some of the migrants hang on in the hope that sooner or later the United States or Canada or Britain or some other countries would resettle them.

"All of them should return home and Hong Kong is encouraging them to do so," he said.

"There is not going to be any more right of resettlement around the world."

Later in the morning, the Governor held a meeting with Mr Hong Hae-hyong, Deputy Prime Minister and Minister of Economic Planning.

They discussed aspects of South Korea's financial deregulation plans, and how that might help Hong Kong financial services firm operating in the country.

The Governor finished his busy schedule in the morning by meeting a group of Korean leading businessmen at a lunch hosted by Mr Thomas Harris, British Ambassador in Seoul at his residence. In the afternoon, he will leave for Tokyo for a three-day visit.

End Tuesday, December 13, 1994

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