TNAG-1899-FCO40-2697-Future-of-Hong-Kong-briefing-1989 — Page 199

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

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LORD GLENARTHUR'S SPEECH TO ROYAL SOCIETY FOR ASIAN AFFAIRS,

2 FEBRUARY

We have of course a special interest in Hong Kong, and I would like

to take this opportunity to underline our commitment to the

territory. We and the Hong Kong Government are doing all we can

ensure that Hong Kong will continue its astonishing success story

well into the 1990s and beyond.

The Sino-British Joint Declaration

registered with the United Nations.

an international treaty

sets out detailed arrangements

for ensuring that Hong Kong can continue to prosper and flourish

after the territory reverts to China in 1997. The provisions of the

Joint Declaration will be reflected in the Basic Law, a form of

constitutional charter, which is currently being drafted by the

Chinese authorities. We shall take all necessary steps to ensure

that the Basic Law accurately reflects the provisions of the Joint

Declaration.

Hong Kong's geographical location and excellent communications make

it an ideal centre for business and trade in the Asia Pacific

region, and as a springboard into China. In this context we also see Hong Kong as an important location for British investment in a

wide range of businesses from services to manufacturing, and from

stores to major civil projects. We look forward to expanding our

commercial interests in all these areas in the future.

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