TNAG-2608-FCO40-3799-International-support-from-the-USA-regarding-the-future-of-H-1992 — Page 78

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IMMIGRANT VISA RECIPIENTS TO DELAY DECISIONS ON LEAVING HONG

KONG UNTIL AS LATE AS 2002. THESE PROVISIONS HAVE STARTED TO

MAKE A SMALL BUT NOTICEABLE CONTRIBUTION TO GIVING TALENTED

HONG KONG RESIDENTS THE CONFIDENCE TO STAY IN THE TERRITORY.

MANY OF HONG KONG'S TALENTED RESIDENTS HAVE BEEN EDUCATED

TWELVE IN THE UNITED STATES, MORE THAN 55,000 IN FACT. THOUSAND HONG KONG RESIDENTS ARE CURRENTLY ENROLLED IN AMERICAN

UNIVERSITIES. IN RECOGNITION OF THESE INCREASING CULTURAL TIES, THE U.S. INFORMATION AGENCY IS HELPING ESTABLISH A CENTER

FOR HONG KONG-U.S. EDUCATIONAL EXCHANGES AT THE CHINESE. UNIVERSITY OF HONG KONG. WE ARE ALSO WORKING HARD TO ESTABLISH A FULBRIGHT PROGRAM FOR HONG KONG RESIDENTS TO COME TO THE U.S.

FOR ACADEMIC STUDIES, AS AMERICANS HAVE GONE TO HONG KONG FOR YEARS. THIS WOULD ADD YET ANOTHER DIMENSION TO THE FLOURISHING

EXISTING NETWORK OF PUBLIC AND PRIVATE EXCHANGES.

THE ADMINISTRATION HAS ALSO REVIEWED U.S. EXPORT CONTROL

REGULATIONS WITH A VIEW TOWARD FACILITATING EXPORT OF HIGH

TECHNOLOGY GOODS TO HONG KONG. OUR DESIRE IS TO MEET THE NEEDS

OF HONG KONG'S INCREASINGLY ADVANCED ECONOMY FOR HIGH

TECHNOLOGY GOODS AND MAKE SURE AMERICAN COMPANIES ARE

COMPETITIVE IN THE HONG KONG MARKET.

ONCE WE HAVE FULFILLED

PROCEDURAL REQUIREMENTS, WE HOPE TO ANNOUNCE NEW REGULATIONS

TAKING POSITIVE STEPS IN THIS AREA.

WE HAVE ALSO BEGUN THE PROCESS OF NEGOTIATING AGREEMENTS

WITH THE HONG KONG GOVERNMENT WHICH WE EXPECT TO EXTEND BEYOND