TNAG-1635-FCO40-2251-Overseas-visits-by-Sir-Geoffrey-Howe--Secretary-of-State-for-1988 — Page 14

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

SECRETARY OF STATE'S SPEECH IN MALAYSIA

Britain Today

Reference to Dr Mahathir's visit.

Economic revival of Britain.

Control of public expenditure.

Restraint on inflation.

- Privatisation and encouragement of entrepreneurial spirit.

-

Falling unemployment.

- Increased efficiency and competitiveness of manufacturing

industry; technology advances.

Expansion of services sector.

Educational reform.

Contribution to Malaysia:

-

Schroders advising on privatisation.

Biwater (rural water supply project).

Developments in high technology.

Educational links.

SOUTH EAST ASIAN DEPARTMENT

DECEMBER 1987

PH2AIN

RESTRICTED

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