CONFIDENTIAL

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Annex I Section VI: Economic System and External Economic Relations

Whether the

Chinese need

CA Branch Liaison Officer: PAS(CA) 5

Item &

JD/BL reference

Action Officer*

to be consulted/ informed and if so, timing

e. Consider need for

Investment

Protection

Agreements (IPPA's)

between SAR and

third countries

(JD 90)

(BL Art. 116)

Date for

HMG/HKG to start deliberation

*STI

Consultation is

Early 1990

D of Ind

necessary. Mid to late 1990,

depending on

progress

* Please mark an '*' against the officer with overall responsibility

CL7

Present Position

Hong Kong should conclude and maintain a network of its own IPPA's before and after 1997. A paper on the draft model agreement which would meet HK's circumstances and needs was passed to the Chinese shortly. before JLG XV.

CONFIDENTIAL

Relevant Considerations

10th Edition (June 1990)

Target Completion Date

1990 for Model Agreement

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