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CONFIDENTIAL
2
(d)
an
The Governor said that we had recently signed IVANS agreement with the US and would be
begin negotiating one
happy
was
to
with
such an Japanese
Australia: Mr Beazley said that the Australia
interested in discussing
Negotiations with the were in progress. This would be Australia's first agreement.
agreement.
(e)
Mr
(£)
Beazley asked whether the Chinese
Hong Kong and how it worked.
in Peking many
understood
that
The did not
Governor said appreciate the finer details although some e.g. in the Bank of China, had a better idea.
was
very a
Hong Chinese leadership and there
Kong
interests
that
leadership before 1997.
process.
The
to the
alien place it was in Hong Kong's
being a
in change Even without this the development of south China would continue apace and Hong Kong had a big role to play in that
more involvement we had from outsiders in the Hong Kong economy the better. Mr Beazley said that many Australian companies were interested in participating in Hong Kong's growth. Australia had many active telecommunications companies. The Governor said that OTC had just obtained a licence for cordless telephones in Hong Kong.
Mr Beazley said that there was growing
interests in Asia
were
among Australians. There
more
learning Japanese
in people
Australia than anywhere
world.
per
capita else in the
(Christopher I C Jackson)
DPS/GH 21.5.91
CONFIDENTIAL
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