TNAG-2047-FCO40-2917-Visits-by-staff-of-the-Department-of-Trade-and-Industry-to-H-1990 — Page 87

The hectic pace of developments in Eastern Europe last year, the

democratisation of those countries and their efforts to establish

market economies will, in the longer term, open up massive trading

opportunities. In the shorter term, there will be major

opportunities in some key areas (particularly in the context of

projects and programmes financed by aid packages) but the markets

of Eastern Europe will remain comparatively difficult places in

which to do business.

Rest assured, however, that HMG's commitment to strengthening and

further developing trade links with Hong Kong will remain strong.

The Pacific Rim, of which Hong Kong forms a key part, is widely

predicted to become the most dynamic growth area in the world;

not surprisingly it is one of the main priority areas in the

British Overseas Trade Board's Forward Plan. The Board attaches

particular importance to the development of trade in the markets of

the Pacific Rim and is encouraging a continuing awareness programme

in the UK in order to alert businesses to the opportunities

available for both exports and investment.

concerned, the main responsibility for this lies with the Hong Kong

Trade Advisory Group, a panel of businessmen involved in all

aspects of the Hong Kong scene, who are organising a series of

As far as Hong Kong is

seminars and briefings to promote the opportunities the Hong Kong

market has to offer.

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