TNAG-0138-FCO40-174-Conduct-of-Hong-Kong-commercial-relations-1969 — Page 31

NOTHING TO BE WRITTEN IN THIS MARGIN

W(B)L 51-7406

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Where HMG have indicated that considerations

of British international commercial policy are

involved the Hong Kong Government may neverthe-

in full consultation and association with H.M. G., less continue to exercise a similar responsibi- lity acting within the framework of such

policies as may be agreed with HMG and in con-

formity of treaty obligations:←

5.

provided that special circumstances

e.g. where the Hong Kong Government

is formally represented by HMG may do not

require other arrangements.

In the course of consultations between HMG

and the Hong Kong Government on the policies to

be followed in any situation where a conflict of

interests is likely to arise, the following

principles will be observed:

(a)

(b)

(c)

(a)

It is recognised that there is no inherent

necessity for the policies followed by HMG

and the Hong Kong Government always to be

identical and that circumstances may on

occasions require divergent policies to be

followed.

Full weight will be given to the possible

consequences for either party of following

any of the alternative policies under con-

sideration.

Where it is proposed that any new British

international commercial policy or modifi-

cation of such policy should be followed by

Hong Kong, the Hong Kong Government will be

consulted and its comments invited from the

earliest practicable stage and thereafter

during the formulation and determination of

such policy.

Where no agreement can be reached at

official level on policy issues of substance,

/ and

...