X
Fallers
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:
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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 with its obligations under the
United Nations Charter, this responsibility
is exercised for the purpose of protecting
the best interests of the people of Hong
Kong.
The Hong Kong Government will (accordingly)
keep H.M. G. informed of developments in the
field of its external commercial relations.
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
such assistance as it may be agreed dould
be furnished by H.M.G. or H.M.G's overseas
representatives.
Where H.M. G. have indicated that
considerations of British international
..
commercial policy are involved, the Hong
Kong Government, as appropriate in full
consultation and association with H.M.G.
may nevertheless continue to exercise a
similar responsibility, acting within the
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