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steadily increase economic activity. This prospect has stimulated new interest

in the area ss a whole, both in the countries' markets in their own right,

and in their value as platforms for trading with China and with the whole East

and South Cast Asien growth area. For these and other reasons, including the

potential of continued faster growth in this area in comparison to most others,

I should expect industrial investment and the expension of the tertiary sector

in this area to continue. The last two decades of the twentieth century are

likely to be the era of East and South East Asia,

There is no industry so dependent on the general level of trade as

shipping. It is therefore reasonable to expect thet as prosperity of this

whole area continues to expand so will the shipping services which carry its

exports and imports no doubt to the profit of my hosts to whom my thanks

for this opportunity to address you.

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