TNAG-2468-FCO40-3592-Most-favoured-nation-status-for-China-Hong-Kong-interests-1992 — Page 166

COVERING CONFIDENTIAL

MAB 09/2

24

CALL ON MR NEEDHAM (MINISTER FOR TRADE)

BY MR VICTOR FUNG: 11.45 4 JUNE 1992

CHINA'S MOST FAVOURED NATION STATUS (MFN)

Points to Make

BRIEFING for Gocellind

CALL ON HK TAL FILE

- President Bush has decided on unconditional renewal.

Excellent news for Hong Kong.

-

Understand decision is subject to challenge by Congress.

We will monitor situation closely and lobby on Capitol

Hill when necessary, in liaison with Hong Kong Government

representatives.

- Well appreciate how serious an effect non-renewal or conditional renewal would have on Hong Kong's economy.

NESADH/1

JRB

COVERING CONFIDENTIAL