TNAG-2126-FCO40-3036-Investment-in-Hong-Kong-1990 — Page 44

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

Mr

{/ 2414

CONFIDENTIAL

opa Rn 2015

Mass Murder

40

Sevitary of State the

FROM: R M Marsden

moden, HKS

Bl

Hong Kong Department

DATE: 9 April 1990

cc: PS/Mr Maudo

Mr Gillhore

RECE

Mkc 121/2

1Y

Mr McLaren 2 APR 1990

Mr LidingtBESK OFFICE

INDEX

121/2

Private Secretary

BRITAIN'S ECONOMIC STAKE IN HONG KONG

KI

A

B

C

1. In your minute of 5 April, you asked for comments on Mr Brandon

Bravo's bull points about Britain's economic stake in Hong Kong

which have been prepared for the Home Secretary's use. It was

agreed at the Secretary of State's Office meeting on 4 April, that

we needed some figures to which all would stick in dealing with this issue, particularly during the second reading debate on the British Nationality (Hong Kong) Bill.

2. The figures quoted by Mr Brandon Bravo are generally in line

with those quoted in the draft Annual Report to Parliament as well

as with those now being used by the DTI, BTC Hong Kong and the Hong

Kong Government. But it would be possible to strengthen some of his

bull points on the following lines:

(a) Trade. (third tiret)

Economic links between Hong Kong and Britain are extensive and

important to both. In 1989 Britain exported goods worth £1.1

billion to Hong Kong and the first figures for 1990 show a 12%

increase. Our invisible exports were worth another

£1.2 billion.

after Japan.

Hong Kong is our largest export market in Asia, Hong Kong for its part exported almost £2 billion

worth of goods to the UK.

SAKABY

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