XN000022-1985-01-17 — Page 5

THURSDAY, JANUARY 17, 1985

GIVING SOME DETAILS OF THE AGREEMENT, SIR EDWARD POINTED OUT THAT IT PROBABLY HAD NO PRECEDENT IN INTERNATIONAL RELATIONS.

IT WAS NOT SURPRISING THUS THAT THERE WERE QUESTIONS ASKED AS TO WHETHER IT WOULD WORK.

+NO ONE CAN GIVE CAST-IRON GUARANTEES ABOUT THE FUTURE. BUT I BELIEVE THAT IT WILL, BECAUSE IT IS FREELY ACCEPTED BY BOTH GOVERNMENTS AS A LEGALLY BINDING INTERNATIONAL AGREEMENT, BECAUSE THE WORD AND PRESTIGE OF BOTH COUNTRIES ARE FIRMLY COMMITTED TO IT, AND BECAUSE IT IS IN THEIR JOINT AND INDIVIDUAL POLITICAL AND ECONOMIC INTEREST THAT IT SHOULD BE A SUCCESS, + HE SAID.

QUOTING THE PRIME MINISTER, MRS MARGARET THATCHER, AS SAYING IN HONG KONG LAST DECEMBER THAT +HONG KONG IS A GOING CONCERN WITH A FUTURE STRETCHING INTO THE NEXT CENTURY AND BEYOND, THE GOVERNOR SAID HE SHARED THAT CONVICTION,

+ IN CONSEQUENCE, BELIEVE HONG KONG WILL CONTINUE TO BE A WORTHY MEMBER OF THE WORLD TRADING COMMUNITY AND A CONSTRUCTIVE PARTNER IN OUR MUCH VALUED TRADING RELATIONSHIP WITH THE U.S.,+ SIR EDWARD SAID.

THERE WAS A RENEWED AIR BOTH OF ACHIEVEMENT AND OPTIMISM IN HONG KONG AND THIS WOULD BE REFLECTED IN FUTURE OPERATIONS FROM THE BANK'S AMERICAS HEADQUARTERS, SIR EDWARD SAID.

LADY YOUDE RECEIVES PLAQUE FOR CHARITY WORK

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IN NEW YORK CITY, THIS (THURSDAY) AFTERNOON, LADY YOUDE, ACCOMPANIED BY THE GOVERNOR, ATTENDED A TEA RECEPTION IN HER HONOUR IN HER CAPACITY AS THE PRESIDENT OF THE COMMUNITY CHEST OF HONG KONG.

THE RECEPTION WAS GIVEN BY THE UNITED WAY OF NEW YORK CITY AND THE TRISTATE AREA, (NEW YORK, NEW JERSEY AND CONNECTICUT) AT THE ESSES HOUSE FACING CENTRAL PARK. MORE THAN 200 GUESTS ATTENDED, INCLUDING MR. CHUNG KING FAI AND THE GROUP OF ARTISTS FROM HONG KONG WHO WILL BE GIVING TWO CANTONESE DRAMA PERFORMANCES ON BROADWAY TO HELP THE UNITED WAY TO RAISE FUNDS.

IN HIS WELCOMING REMARKS, MR. JOSEPH CALABRESE OF THE UNITED WAY SAID THAT THE COMMUNITY CHEST OF HONG KONG FOUNDED IN 1968,

HE THEN PRESENTED HAS BEEN RATED AS ONE OF THE BEST IN THE WORLD.

A PLAQUE TO LADY YOUDE WITH THE INSCRIPTION OF : UNITED WAY OF NEW YORK CITY EXPRESSES ITS APPRECIATION AND GRATITUDE TO LADY PAMELA YOUDE. PRESIDENT, COMMUNITY CHEST OF HONG KONG FOR EXTENDING HER VOLUNTEER LEADERSHIP AND FRIENDSHIP TO THE PEOPLE OF NEW YORK CITY''.

/LADY YOUDE