Issue
Objective/explanation
8
CONFIDENTIAL
Present status/progress
China
interest*
UK
interest*
Secretary for Trade and Industry (Cont'd)
Renewal of Most Favoured Nation
(MFN) status for China by the US
(Cont'd)
intends to renew MFN status for China. Since June 1989, several bills have been introduced in Congress seeking withdrawal of MFN treatment for China.
monitoring developments closely and will continue to undertake, together with relevant business concerns in Hong Kong and the US, such lobbying activities as are necessary.
Renewal of Most Favoured Nation
(MFN) status for China
The Coordinating Committee for Multilateral Exports Controls
(COCOM)
Because of Hong Kong's inextricable economic link with China and the adverse impact on Hong Kong's trade and economy resulting from the latter's loss of MFN status in the US, the Hong Kong government and the private sector have been making representations to the US Administration and Legislature drawing attention to Hong Kong's interest and concerns in the continuation of MFN status for China.
Hong Kong's status in the context of COCOM after 1997] has to be resolved. Hong Kong is not a member of COCOM but because UK is, Hong Kong is currently enjoying uninhibited access
Both FCO and DTI are supportive of HK's stance on COCOM. The intention is to hold trilateral discussions with the US, Japan et al. Action currently rests with DTI.
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