shades of Hong Kong opinion.
- (If asked) Secretary of State made our views clear with Foreign Minister Qian Qichen.
New Airport
Hong Kong operates a level playing-field policy on tendering contracts, and companies are awarded contracts on
their merits.
Excellent news that the British MOTT consortium was recently awarded the contract for the terminal design.
- We continue to bat for major UK players in the running for
the bridge and the platform.
-
Medium and long term ECGD cover available, within ECGD's
normal exposure controls.
China's MFN
-
We understand the great importance to Hong Kong of unconditional renewal of China's MFN status, and both HMG and HKG continue to lobby the US administration and on
-
Capitol Hill up to the highest level.
Budget
Hong Kong's fiscal position clearly very strong: reserves
of some HK$92 bn now.
- Sets a good base for the difficult years that may lie ahead. Can look forward with confidence.
NESACN/2
Page 75Page 76
No comments yet.
Private notes are available after approval.