UDZU O
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(A) The People's Republic of China ard
the United Kingdoin of Great Britain ard
Northern Ireland have agreed that the People s
Republic of China will resume the exercise ‹f
sovereignty on July 1, 1997. Until that time,
the United Kingdom will be responsible for the
administration of Hong Korg.
(B) The Hong Kong Special Administrɛ -
tive Region (SAR) of the PRC, beginning 01
July 1, 1997, will continue to enjoy a high de-
gree of autonomy on all masters other than de-
fense and foreign affairs.
(C) There is provision for implementatio:
of a "one country, two sys ems" policy, unde
which Hong Kong will retain its current life-
style and legal, social and economic system;
until at least the year 2047.
(D) The legislature of the Hong Kong:
SAR will be constituted by elections, and the
provisions of the International Covenant or
Civil and Political Rights and the Internationa
Covenant on Economic, Social and Cultura
Rights, as applied to Hong Kong, shall remair
in forec.