TNAG-2708-FCO40-3914-House-of-Commons-Select-Committee-on-Foreign-Affairs-and-Par-1993 — Page 71

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PRIME MINISTER'S QUESTION TIME:

4 MARCH

HKB 011/6

RECEIVED IN PEGISTRY

MAR 1037

HONG KONG

Line to Take

Talks with China

We have always said that we are ready to discuss the

arrangements for the

1995 Legislative Council elections with the Chinese

Government. We hope they will agree to do so soon.

We are fully behind the Governor and his proposals. Agree with him that the

electoral arrangements must be

open, fair and acceptable to Hong Kong people.

The Budget

-

Hong Kong enjoys budgetary autonomy.

Hong Kong has very substantial financial reserves and can well afford the Government's

projected expenditure.

DESK OFICER

REGISTRY

INDERA

PA

Action Taken