Once restored, the canal was renamed, becoming the Shannon–Erne Waterway, to reflect its purpose of linking the two river systems, and it was opened by Dick Spring, the Irish Foreign Minister and Sir Patrick Mayhew, the Secretary of State for Northern Ireland at the time.
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Those present at the meeting included John Major, David Mellor, Douglas Hurd, Tom King, Norman Lamont, Peter Lilley, John Wakeham, Robin Butler, David Craig, Patrick Mayhew, Percy Cradock, Charles Powell and Gus O'Donnell.