TNAG-2624-FCO40-3815-Visit-by-Douglas-Hurd--Secretary-of-State-for-Foreign-and-Co-1992 — Page 37

20.

10 -

www

The Secretary of

State thanked DB Chairmen and

Chairmen of the two Muncipal

constitutional

important and

Governor.

continue

to

He

Councils for their views. He

said that the views of the Chairmen on the various

issues concerning DBs and the two Councils were

he would bring them to the attention of the

confirmed that the Hong Kong government would

be a strong executive led government. He assured

that the importance of the contribution made by

two Councils to the successful administration of Hong Kong had always been recognized.

the meeting

DBS and the

21.

the

On law and order, he reassured the meeting that the local concern had been made clear to the Chinese. Following establishment of a Chinese Liaison Office in Hong Kong in

the near future, Sino-Hong Kong cooperation should be strengthened in this respect.

22.

said

and

As regards inflation and the US/HK Dollar link, he that the Hong Kong Government shared the public's concern

was fully aware of the discussion on the relative merit of

maintaining the link. However, the link has been vital to the

success of the Hong Kong economy since 1983. Any proposal to

review the link would have to be considered very carefully as it. might. send the wrong signal to the markets in a way that would harm the interest of Hong Kong.