26/07 '93 17:48
0712706329
ifl.rb/July 93/26.7
HIT INT. FINANCE →→→ ERD
2003/004
Conduction
the soundness that you go back to Van Houtven with a statement on of Hong Kong's finances and the importance of not undermining Hong Kong's autonomy. I attach a note on the constitutional position for you to leave with him.
Tigetable
on
it would be If the institutions insist on an assurance, I think
not
to impossible very difficult if
continue vith the fast timetable.
is The Chancellor's last box before the holidays 28 July.
It might be possible to get the considered view of the Hong Kong authorities in time for a Ministerial decision before Board paper issued оп 15 August, but it is. more likely that we would have to wait until the Chancellor returned in September. deciding how fast we need to move, it would be helpful to know
the fast more about the attractions of
timetable to us. institutions certainly do not appear to want to move quickly.
Next steps
1
In
The
Depending on the institutions ansver on the assurance' we can decide
If
of the hov to play the issue.
a statement constitutional position suffices and if there is still a chance of
we would making the fast timetable,
would put a
to submission
the Chancellor before the holiday bringing him up to speed with the
It signatures.
vould be proposal and asking for the necessary helpful if you could let me know what exactly needs to be signed, who needs to sign (ie could Alternate Governor's do so?) and when. If,
on the other hand, the institutions insist upon an assurance, the likelihood is that we will only be able to put up to Ministers a situation report, alerting them to the proposal to hold the 1997
in Hong seetings
and flagging the Hong Kong
difficulty
"assurance".
on
the
Perhaps you could let ne know if you see any difficulties in
to If not, the first step is proceeding in this way.
more
find out about the 'assurance' to see if we have a problem. It would be helpful if you could let me know quickly the outcome of further discussions with the institutions on this point.
I am copying this letter to John Millett and Nigel Whitney at the FCO, Norman Chan in Hong Kong and to Peter Sedgwick, Barry Kalen and Helen Roberts here.
Cried at 10.00 mm
27/7.
пр
R Burdock
J CONLIPYE
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