DRAFT
CONFIDENTIAL
Hong Kong's External Commercial Relations
It is agreed that Hong Kong's external
commercial relations should be conducted on the
basis of the following understanding:
1.
2. The Hong Kong Government will keep H. M.G. Informed of developments in the field of its external commernal
relations.
34.
41.
The constitutional position is that H.M.G.
is responsible for the conduct of Hong Kong's
external relations (including commercial
relations); it being understood that, in keeping
it's obligations under conformity with the United Nations Charter,
this responsibility is retained und
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exercised for the purpose of protecting the
best interests of the people of Hong Kong.
Where H.M.G. have not indicated that
considerations of British international
commercial policy are involved, the Hong
Kong Government is responsible for determining
the course of, and for the conduct of, Hong
Kong's external commercial relations, with
utt
agreed
such assistance as/may be requested-frog,
Could
/may
and can be furnished by H.M.G. or H.M.G's
100
overseas representatives.
Where H.M.G. have indicated that
considerations of British international
commercial policy are involved, the Hong
Kong Government may nevertheless continue,
and association as approrate in full
after consultat:
ultation/with H.M.G., to exercise
a similar responsibility, aoting within the framework of such policies as may be agreed
with H.M.G. and in conformity with treaty
obligations.
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Private notes are available after approval.