05/08/92

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BRITISH EMF EDU

S.L.C.

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1 SEC. 103. COMMERCE BETWEEN THE INITED STATES AND

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HONG KONG.

It is the sense of the Congress that the following,

4 based on the provisions of the Joint Declaration, wher

5 applicable, should continue to be the policy of the United

6 States after June 30, 1997, with respect to commerce be

7 tween the United States and Hong Kong:

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(1) The United States should seek to maintain

and expand economic and rade relations with Hong'

Kong and should continue to treat Hong Kong as

separate territory in economic and trade matters

such as import quotas and certificates of origin.

(2) The United States shoull continue to nego

tiate directly with Hong Kong to conclude bilatera

economic agreements.

(3) The United States should continue to treat

Hong Kong as a territory which is fully autonomous

from the United Kingdom and, after June 30, 1997.

should treat Hong Kong as a territory which is fully

autonomous from the PRC with respect to economic

and trade matters.

(4) The United States should continue to grant

the products of Hong Kong; nondiscriminatory trade

treatment (commonly referred to as "most-favored-

nation status") by virtue of IIong Kong's mem-

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