TNAG-2103-FCO40-2995-Future-of-Hong-Kong-exchanges-with-the-Chinese-on-the-Basic--1990 — Page 31

CONFIDENTIAL

THKCO12/3

R! TRY

9 APR 1999

CONFIDENTIAL

FM HONG KONG

TO IMMEDIATE FCO

OF 13050OZ MARCH 90

INFO DESKBY 1306OOZ PEKING-

INFO PRIORITY UKREP JLG HONG KONG

TELNO 889

REGISTR

YOUR TELNOS 538 AND 539: BASIC LAW: ARTICLE 106

M

64

054350 MDHIAN 0865

fe for, a/3

1 IT IS DISAPPOINTING THAT VALUABLE TIME HAS BEEN LOST DUE TO OUR NON-RECEIPT OF YOUR TELNO 502. THERE IS NOW VERY LITTLE TIME LEFT BEFORE THE NPC PLENARY, AND WE SHOULD BE GRATEFUL IF PEKING WOULD APPROACH THE MFA AS SOON AS POSSIBLE. WE ARE CONTENT WITH THE REVISION SUGGESTED IN PARA 2 OF SECOND TUR AND HAVE AMENDED THE SPEAKING NOTE ON ARTICLE 106 ACCORDINGLY.

2. WE ARE FAXING TO PEKING THE ENGLISH AND CHINESE TEXTS OF THE SPEAKING NOTES ON ARTICLE 106 (ATTACHING OUR PROPOSED TEXT FOR THE ARTICLE) AND BL VALIDITY. WE HAVE ALREADY FAXED THE SPEAKING NOTE ON ARTICLE 24(4) AND DEFENSIVE Q AND A TO PEKING.

3. ON THE PUBLIC LINE ON ARTICLE 106, WE ARE CONTENT WITH THE SUGGESTION IN PARA 2 OF SECOND TUR.

WILSON

YYYY

ΜΑΙΝ

57

DISTRIBUTION

60

.HONG KONG AGREEMENT

.(RESTRICTED)

LIMITED

HKD

HD/FED

RESEARCH D (FE)

PUSD NEWS D

PS/MR MAUDE

PS/LORD BRABAZON

MR GILLMORE

MR MCLAREN

MR FIFOOT LEGAL ADVISERS

ADDITIONAL

3

MR WHOMERSLEY LEGAL ADVISERS MS BARRETT LEGAL ADVISERS

PAGE CONFIDENTIAL

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