1

JA2ANB

HKK 1022/1

2 5 APR 1986

Y

Released 2400002 in Hk.

1:

en

AB294

HONG KONG AND GATT: PRESS RELEASE

раздник pa

1.

On 23 April all contracting parties of the GATT were

notified by the GATT Secretariat that, following a

declaration by the United Kingdom, Hong Kong is now deemed

to be a GATT contracting party under Article XXVI (5)(c) of

the GATT.

2.

In the UK declaration, HMG formally informed the Director General of the GATT that Hong Kong possesses full

autonomy in the conduct of its external commercial

relations and of the other matters provided for in the

GATT. At the same time, the Government of the PRC made a

parallel declaration about the status of the Hong Kong SAR

after 1 July 1997. Hong Kong will henceforth

henceforth assume the

rights and obligations of a Contracting Party to the GATT

in its own right.

3.

With these declarations the British and Chinese

Governments have taken the necessary concrete steps

envisaged in paragraph 4(a) of Annex II to the Joint

Declaration to ensure the maintenance of the Hong Kong

SAR's participation in the GATT and the MFA.

4.

'This is a most practical way of ensuring Hong

Kong's and the future SAR's continuing stability and

prosperity.' Said Mr Eric Ho, Secretary for Trade and

Industry.

5.

'As Hong Kong has for some years been playing an

autonomous role in the GATT and the MFA from within the

British delegation there

substance in (Hong Kong's)

will be little variation of

future role on being deemed to

the GATT. One change is that

be

a Contracting Party to

Hong Kong representatives will now speak as a separate

Contracting Party, rather than as 'the United Kingdom

speaking for Hong Kong'.

With this new status we shall,

of

237

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