CONFIDENTIAL
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MDLIAN 8034
AND DURATION AS THE CONVENTION.
BENEFITS
4. ALL CUSTOMS TERRITORIES TO WHICH THE CONVENTION AND PROTOCOL APPLY BENEFIT FROM THE SIMPLIFIED CUSTOMS PROCEDURES, WHICH HELP TO STIMULATE TRADE BY ENSURING THE SMOOTH FLOW OF GOODS BETWEEN THOSE TERRITORIES.
PROPOSALS
5. THE BRITISH SIDE PROPOSES THAT THE CONVENTION, TOGETHER WITH ITS PROTOCOL, SHOULD CONTINUE TO APPLY TO THE HONG KONG SAR AFTER 30 JUNE 1997 IN ACCORDANCE WITH THE JOINT DECLARATION. TO ACHIEVE THIS RESULT THE ONLY ACTION REQUIRED WILL BE TO INCLUDE THE CONVENTION AND ITS PROTOCOL IN THE LIST OF TREATIES IN THE ANNEX TO THE SQUARE BRACKETS BEGIN EXCHANGE OF NOTES SQUARE BRACKETS CLOSE SQUARE-
ESS BRACKETS BEGIN PRC NOTE TO THE SECRETARY-GENERAL OF THE UNITED
MEETING OF THE NATIONS SQUARE BRACKETS ENDS AGREED AT THE JOINT LIAISON GROUP. UNDER THE SQUARE BRACKETS BEGIN EXCHANGE OF NOTES SQUARE BRACKETS ENDS SQUARE BRACKETS BEGIN PRC NOTE SQUARE- BRACKET ENDS ALL INTERNATIONAL RIGHTS AND OBLIGATIONS ARISING FROM THE INTERNATIONAL INSTRUMENTS ON THE ANNEXED LIST WHICH, ON 30 JUNE 1997, ARE VESTED IN OR INCUMBENT UPON THE UK GOVERNMENT AND APPLY TO HONG KONG, BE ASSUMED WITH EFFECT FROM 1 JULY 1997 BY THE GOVERNMENT OF THE PRC AND APPLY TO THE HONG KONG SAR OF THE PRC.
بد
DRAFT PAPER ENDS
WILSON
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MAIN
57
.HONG KONG AGREEMENT
(RESTRICTED)
LIMITED
HKD
HD/FED
RESEARCH (FE)
ADDITIONAL
3
DISTRIBUTION
60
PAGE
PUSD NEWS D
PS/MR MAUDE
PS/LORD BRABAZON
MR GILLMORE
MR MCLAREN
2
CONFIDENTIAL
MR WHOMERSLEY LEGAL ADVISERS
MS BARRETT LEGAL ADVISERS
MR FIFOOT LEGAL ADVISERS
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