TNAG-2779-FCO40-3998-Future-of-Hong-Kong-constitutional-development-Chinese-reac-1993 — Page 29

UNCLASSIFIED

14134

MDHI

2637

FINANCING PACKAGE MUST BE CONSISTENT WITH THE MOU AND SHOULD NOT REDUCE THE FISCAL RESERVES FOR THE SAR.

13.

HONG KONG COMMERCIAL DAILY SAID THAT THE KEY TO WHETHER THE COMING AC MEETING WOULD BE FRUITFUL LIED IN WHETHER THE FINANCING ARRANGEMENTS WOULD BE CONSISTENT WITH THE MOU. THE DEBTS TO BE RAISED SHOULD NOT EXCEED 5 BILLION DOLLARS AS STIPULATED IN THE

MOU.

JLG.

14. IN RESPONSE TO PRESS QUESTIONS, GUO FENGMIN SAID THAT THE TWO SIDES HAD BEEN KEEPING IN CONTACT. HE HOPED THAT THE JLG COULD MEET IN JUNE. WHEN AND WHERE THE MEETING SHOULD BE HELD AND ITS AGENDA WOULD HAVE TO BE DISCUSSED WITH THE BRITISH SIDE.

PATTEN

YYYY

MAIN

65

DISTRIBUTION

72

.HK POLICY

HKD

PUSD

FED

LEGAL ADVISERS//MS BARRETT

LEGAL ADVISERS//MISS BROOKS

LEGAL ADVISERS//MR GILES

NEWS D

NTCD

PLANNERS

RAD

PS

PS/MR GOODLAD

SIR J COLES

MR HUM

ADDITIONAL

7

CAOFF//SIR R BRAITHWAITE (DIO)

CAOFF//MISS NEVILLE-JONES

CAOFF//MR SIBSON

PS NO 10.

NNNN

4

PAGE

UNCLASSIFIED