TNAG-1468-FCO40-1997-Visits-by-members-of-the-Office-of-the-Unofficial-Members-of-1986 — Page 155

GRS 500

CONFIDENTIAL

FM HONG KONG

CONFIDENTIAL

TO DESK BY 06110OZ FCO

TELNO 1753

OF 0610152 JUNE 86

INFO PRIORITY PEKING

нии

36

B

TOP GOPY 2924 02613

RECEIVED IN REGISTRY

- 9 JUN 1986

DESK OFFICER

REGISTRY

INDEX

PA

Action Taken

YOUR TELNO 1058 : SIR S Y CHUNG.

937

1. FURTHER TO TELCON HUM/GOVERNOR, FOLLOWING HIS SECTION OF SIR S Y CHUNG'S SPEECH THAT RELATES TO YOUR COMMENT ON PARA 5 OF HIS

DRAFT OUTLINE:

**FOLLOWING THIS DELEGATION TO LONDON, THREE UNOFFICIAL MEMBERS ALSO VISITED BEIJING IN JUNE 1984 AND MET WITH CHAIRMAN DENG

XIAOPING AND OTHER SENIOR CHINESE OFFICIALS. APART FROM REFLECTING THE VIEWS AND ANXIETIES OF THE PEOPLE OF HONG KONG, THEY MADE THREE MAJOR PROPOSALS TO THE CHINESE LEADERS PROPOSALS WHICH WOULD HELP

ska

་

TO MAINTAIN HONG KONG'S PROSPERITY AND STABILITY. NOTWITHSTANDING THE GREAT CONTROVERSY SURROUNDING THIS PARTICULAR MISSION TO THE CHINESE CAPITAL AT THAT TIME, MOST OF THE TWO OF THESE THREE PROPOSALS HAVE NOW BEEN ACCEPTED BY THE CHINESE GOVERNMENT. HIS HOPEFUL THAT EVENTUALLY THE CHINESE GOVERNMENT WILL ALSO ACCEPT PART, IF NOT ALL, OF THE THIRD ONE.''

2. FOLLOWING ARE FINAL THREE PARAS OF SPEECH :

T

''POINT TWO, ONE MIGHT VIEW THE SINO-BRITISH AGREEMENT AND THE HONG KONG PROSPECTS FROM TWO ANGLES. FIRST, FROM THE STANDPOINT OF THE INTERNATIONAL BUSINESS COMMUNITY, ONE COULD NOT FIND ANOTHER PLACE HIN THE WORLD WHERE THERE IS AN INTERNATIONAL AGREEMENT BETWEEN TWO GOVERNMENTS ENSURING A STABLE, FREE-ENTERPRISE,' CAPITALIST ECONOMY WITH FREELY CONVERTIBLE CURRENCY FOR A PERIOD OF 60 YEARS. THIS ENVIRONMENT US INDEED MOST CONDUCIVE TO BUSINESS SUCCESS, AND I WOULD LIKE TO TAKE ADVANTAGE OF THIS OCCASION TO APPEAL TO

MEMBERS OF BRITAIN'S INTERNATIONAL BUSINESS COMMUNITY FOR THEIR

ATTENTION TO THE EXCELLENT OPPORTUNITIES IN HONG KONG.

1

SECONDLY, FROM THE VIEWPOINT OF LOCAL PEOPLE IN HONG KONG, PEOPLE LIKE MYSELF WHO WERE BORN IN HONG KONG, ARE OF CHINESE RACE AND HAVE LIVED THERE ALL THE TIME, THEY ARE AWARE OF THE INHERENT

LONG-TERM UNCERTAINTY. THERE IS NO SUCH THINGS AS A CAST-IRON GUARANTEE. MUCH WILL RELY ON THE DEVELOPMENT IN CHINA AND THE FAM THFUL #MPLEMENTAION OF THE JOINT DECLARATION BY BOTH PARTIES. WHILST WE HN HONG KONG MAY NOT BE ABLE TO DO MUCH TO INFLUENCE THE DEVELOPMENT IN CHINA, HIT CERTAINLY HS WITHIN OUR MEANS NOT ONLY TO MAINTAIN BUT FURTHER ENHANCE THE USEFULNESS OF HONG KONG TO CHINA. NT NS BASED ON THIS THAT THE PEOPLE OF HONG KONG ARE PROMISED IN THE JOINT DECLARATION THE STATUS OF A SPECIAL ADMINISTRATIVE REGION

AND A HIGH DEGREE OF AUTONOMY. CONFIDENTIAL

\GIVEN