TNAG-2124-FCO40-3031-Hong-Kong-Asian-Development-Bank-(ADB)-1990 — Page 20

CONFIDENTIAL

Fric 102

RECEA

OF COPY

Q DIST

CONFIDENTIAL

FM PEKING

TO IMMEDIATE FCO

TELNO 906

OF 200213Z JUNE 90

2

DESK INDEX

INFO IMMEDIATE HONG KONG, UKREP JLG HONG-KONG

13

TRY

Taken

053417

MDHIAN 5574

YOUR TELNO 1164 TO HONG KONG.

ASIAN DEVELOPMENT BANK: POSSIBLE ANNUAL MEETING IN HONG KONG.

WE AGREE WITH THE REPLY PROPOSED IN PARA 3 OF TUR. WE SEE NO

REASON WHY THE CHINESE SHOULD OBJECT. THE PROPOSAL WOULD SEEM TO ACCORD WELL WITH THE PROVISIONS OF THE JOINT DECLARATION AND THE BASIC LAW ON HONG KONG'S POSITION AS AN INTERNATIONAL FINANCIAL CENTRE. THE FACT THAT THE CHINESE HAVE THEMSELVES ALREADY HOSTED SUCH A MEETING SHOULD REMOVE ANY SENSITIVITIES THEY MIGHT OTHERWISE HAVE ABOUT HONG KONG AS A FUTURE VENUE.

COATES

YYYY

ΜΑΙΝ

35

LIMITED

HKD

FED

ERD

NNNN

DISTRIBUTION

35

SEAD

MR MCLAREN

MR BURNS