PREAMBLE
CONFIDENTIAL
Agreement
between the Government of Hong Kong
and
the Government of the Republic of France for the Promotion and Protection of Investments
promotion
basis.
The
and
Article-by-Article Comparison between
the Initialled Text and the Text of the Hong Kong Model Agreement
Annex B
the
title was amended to make it clear that
investments is оп a reciprocal
protection of
2.
As
a matter of drafting convenience, a phrase was added
the first preambular paragraph to define "Contracting Parties" as referred to later in the text.
to
3.
At the request of the French delegation, a phrase was added to the second preambular paragraph to state the aim of
strengthening economic cooperation. The third preambular
paragraph was amended to make it clear that the encouragement and reciprocal protection of investments will be conducive to transfers of capital and will be in the interest of the economic development of both parties.
ARTICLE 1: Definitions
4.
Article 1 is substantively the same as Article 1 of the
Hong Kong model. However, a few changes were made at the
request of the French delegation to reflect their particular concerns, as follows :
3