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(d) the financial system;
(e) the economic system and external economic relations;
the monetary system;
(f)
(g)
shipping;
(h)
civil aviation;
(i)
culture and education;
(j) external relations;
(k)
defence, security and public order;
(1)
rights and freedoms.
21.
Annex two sets out the provisions concerning the establishment of a Sino-British joint liaison group.
The joint liaison group will be established on the entry into force of the agreement and will
meet in Peking, London and Hong Kong. From July 1988 it will be
based in Hong Kong, although it will also continue to meet in Peking
and London. It will continue its work until 1 January 2000. The
annex includes terms of reference which clearly indicate that the
group will be a forum for liaison only and not an organ of power. It will neither play a part in the administration of Hong Kong or
have any supervisory role.
22.
Annex three sets out provisions governing land. [To be
expanded.]
23. The agreement sets out clearly the relationship between the
provisions which it contains and the Basic Law of the Hong Kong
Special Administrative Region, to be promulgated by the National People's Congress of the PRC. Article 3(12) of the joint
declaration provides that the basic policies in the joint
declaration and the elaboration of them in Annex 1 will be
stipulated in the Basic Law. They will remain unchanged for 50
years.
24.
Part Three of this White Paper contains further explanatory
notes on the text of the agreement and its annexes.
VIEWS OF HER MAJESTY'S GOVERNMENT ON THE AGREEMENT
25.
As recorded in para 10 above, HMG have sought since the autumn
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