Speakina Note

нкс 102

102/1

28 March 1988

(Translation)

43

When Mr. Pigott called on Mr. Wang Weiyana on 10

February,

he

informed the Chinese side that the United

Kingdom intends to ratify the Convention

Establishing

the Multilateral Investment Guarantee Agency in от

shortly after March 1988 and upon ratification to apply

Convention to Hona Kona in accordance with Article

the

66

of

the Convention. The British side also deems i t

appropriate

to continue to apply the Convention to the

Hone kona SAR after 1997 and therefore hopes

to

have

the response of

the Chinese side before the United

Kingdom's ratification of the convention.

Now I am instructed to respond as follows:

1.

The Chinese side has no objection

to

the

application

of the Convention to Hong Kong before

1997

by the UK

upon

its ratification of the Convention.

2.

After 1997 the Convention may continue to

be

applied

to

the Hong Kong SAR if the PRC has become 8

Party

to the

Convention.

This question could

be

discussed in the JLG in due course.

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