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Hong Kong's External Commercial Relations

It is agreed that Hong Kong's external

commercial relations should be conducted on the

basis of the following understanding:

1.

+ Consequently iska will Keep Hima informed of and developement in the frald of External Commacial relations

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Wordings

2.

3.

The constitutional position is that H.M.G.

is responsible for the conduct of Hong Kong's

external relations (including commercial

relations); it being understood that, in

Reeping with it's obligations.

(conformity with the United Nations Charter,

is/retained

this responsibility is/retained and

exercised for the purpose of protecting the

best interests of the people of Hong Kong.

Where H.M.G. have not indicated that

considerations of British international

commercial policy are involved, the Hong

Kong Government is responsible for determining

the course of and for the conduct of Hong

Kong's external commercial relations, with

it may be agreed coned such assistance as may be requested from,

an) be

and can be furnished by, H.M.G. or H.M.G's

overseas representatives.

Where .M.G. have indicated that

considerations of British international

commercial policy are involved, the Hong

Kong Government may nevertheless continue,

after consultation with H.M.G., to exercise

a similar responsibility, acting within the

framework of such policies as may be agreed

with H.M.G. and in conformity with treaty

obligations.

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