XN000022-1995-12-01 — Page 5

Daily Information Bulletin 新聞公報 All

- 3.

"What we are going through in 1997 is unique in history. Everyone in Hong Kong who is honest about it will admit that they have concerns about the transition. But everyone also wants to make it work," Mrs Chan said.

Today, Mrs Chan held meetings with directors of the big French company, Thomson CSF, the major French employers federation CNPF, and the President of the Paris Stock Exchange, Mr Jean-Francois Theodore, as well as giving interviews to both French and Hong Kong media representatives.

Mrs Chan said there was a great deal of interest in Europe about Hong Kong and she was able to bring Italian and French business people and political leaders up to date with the progress being made with transitional issues.

She said they were generally confident about the prospects for the Hong Kong economy, but there were concerns about the arrangements for the transition, in particular the progress of discussions with the Chinese.

"Overall, they are concerned that Hong Kong should be able to maintain its current lifestyle, its current systems and the freedoms that the community currently enjoys," Mrs Chan said.

End

Airport Financial Support Agreement signed

The final piece of the financing arrangements for the Airport Core Programme has been "slotted into place" with the signing of the Financial Support Agreement (FSA) for the new airport today (Friday).

This was stated by the Financial Secretary, Mr Donald Tsang, after signing the FSA with the Airport Authority's (AA) Chairman, Mr Wong Po-yan.

The signing took place after AA held its first board meeting following the coming into force of the Airport Authority Ordinance.

As ex-Chairman of the Provisional Airport Authority (PAA), Mr Tsang said he was pleased that work at Chek Lap Kok had been proceeding at full pace towards its April 1998 opening date.

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