CONFIDENTIAL
130445
MDHIAN 1145
IMPORTATION OF GOODS. IT FACILITATES THE HOLDING OF INTERNATIONAL CONFERENCES AND EXHIBITIONS, AND BRINGS REVENUE TO HONG KONG.
PROPOSALS
9. THE BRITISH SIDE PROPOSE THAT THE CONVENTIONS, TOGETHER WITH ITS ANNEXES, SHOULD CONTINUE TO APPLY TO THE HONG KONG SAR AFTER 30 JUNE 1997 IN ACCORDANCE WITH THE JOINT DECLARATION. TO ACHIEVE THIS RESULT, IT WILL BE NECESSARY FOR THE CPG IN SOME WAY TO INDICATE TO ALL PRESENT CONTRACTING PARTIES, AND ALL GOVERNMENTS WHICH MAY BECOME PARTIES BEFORE 1 JULY 1997, THAT ALL THE INTERNATIONAL RIGHTS AND OBLIGATIONS ARISING FROM THE CONVENTION AND ANNEXES: TO THE EXTENT TO WHICH THEY APPLY TO HONG KONG, WILL BE ASSUMED BY THE CPG WITH EFFECT FROM 1 JULY 1997 AND APPLY TO THE HKSAR OF THE PRC. IT WILL FURTHER BE NECESSARY TO ENSURE, So FAR AS POSSIBLE, THAT THOSE CONTRACTING PARTIES EITHER AGREE, OR AT LEAST ACQUIESCE. IN THE OPINION OF THE BRITISH SIDE, THE BEST METHOD FOR SECURING THIS OBJECTIVE WOULD BE AS DESCRIBED IN PARA 7 OF THE PAPER HANDED TO THE CHINESE SIDE ON 15 MARCH 1989. '
DRAFT PAPER ENDS
WILSON
YYYY
ΜΑΙΝ
58
.HONG KONG AGREEMENT
. (RESTRICTED>
LIMITED
HKD
HD/FED
NEWS D
ADDITIONAL
3
MS FOAKES LEGAL ADVISERS
MS BARRETT LEGAL ADVISERS
NNNN
DISTRIBUTION
61
PAGE
PUSD RAD
PS/LORD CAITHNESS
PS/MR LENNOX-BOYD
MR MCLAREN
MR BURNS
MR FIFOOT LEGAL ADVISERS
3
CONFIDENTIAL
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