THURSDAY, NOVEMBER 19, 1992
ΤΟ HAVE
DEAL, PEOPLE KEEP
"So THAT'S THE REALITY WITH WHICH COMPANIES
AS I SAY, AS LONG AS PROFITS WILL CONTINUE TO BE GOOD.
HE SAID. THAT PERSPECTIVE, THAT WILL BE HELPFUL,
VOLATILE
WOULD EXPECT
HE POINTED OUT THAT OUR INDEX HAD ALWAYS BEEN FAIRLY
RECORD HIGH, SO ONE AND IT QUITE RECENTLY REACHED A ANYWAY то SER SOME UPS AND DOWNS.
HE
THAT IT WAS NOTHING TO BE BELIEVED ADDING THAT WE
JUST KEEP OUR EYES SHOULD
тоо CONCERNED FIXED ON THE ECONOMIC
ABOUT,
FUNDAMENTALS.
"AND THE ECONOMIC FUNDAMENTALS FOR HONG KONG REMAIN
HE SAID. GOOD, ACTUALLY FOR BOTH HONG KONG AND CHINA,
門
EXTREMELY
HK SIGNS AGREEMENT WITH NETHERLANDS ON INVESTMENT PROTECTION
**
AN AGREEMENT ON THE ENCOURAGEMENT AND
AND THE INVESTMENTS WAS SIGNED BETWEEN HONG KONG (THURSDAY).
OF PROTECTION NETHERLANDS TODAY
THIS AGREEMENT WILL REMAIN IN FORCE AFTER JUNE 30, 1997.
AN
AGREEMENT
THIS IS THE FIRST TIME THAT HONG KONG HAS SIGNED WITH ANOTHER COUNTRY IN THIS IMPORTANT AREA OF INVESTMENT PROTECTION.
BINDING SUCH AGREEMENTS ARE BILATERAL INTERNATIONAL AGREEMENTS
TO ENCOURAGE AND PROTECT, UNDER INTERNATIONAL LAW WHICH AIM
ON A ONE CONTRACTING PARTY RECIPROCAL BASIS, INVESTMENTS BY INVESTORS OF IN THE OTHER'S AREA.
KONG BY THE
SECRETARY FOR
YVONNE VAN ROOY,
THE AGREEMENT WAS SIGNED IN HONG TRADE AND INDUSTRY, MR T H CHAU, ON BEHALF OF THE HONG KONG GOVERNMENT AND THE NETHERLANDS MINISTER FOR FOREIGN TRADE, MS ON BEHALF OF THE GOVERNMENT OF THE NETHERLANDS.
NETHERLANDS SPEAKING AT THE SIGNING CEREMONY, MR CHAU SAID THE ONE OF
AND HONG
PARTNERS AGREEMENT WOULD BOOST NETHERLANDS INVESTORS' CONFIDENCE IN HONG KONG.
WAS
KONG'S
IMPORTANT
INVESTMENT
THE
"THE AGREEMENT GUARANTEES FAIR TREATMENT FOR NETHERLANDS
KONG INVESTMENTS IN HONG
AND VICE VERSA, PROPER COMPENSATION IF INVESTMENTS ARE EXPROPRIATED AND THE FREE TRANSFER OF INVESTMENTS RETURNS.
AND
DISPUTES ΤΟ
BE SETTLED IN
"IT ALSO PROVIDES FOR INVESTMENT ACCORDANCE WITH PRE-AGREED PROCEDURES," HE SAID.
SIDE IN THE
THE AGREEMENT HAS BEEN CONSIDERED BY THE CHINESE JOINT LIAISON GROUP AND HAS THE SUPPORT OF THE CHINESE GOVERNMENT.
/ONCE IT