TNAG-0242-FCO40-278-Conduct-of-Hong-Kong-commercial-relations-1970 — Page 87

(e)

6.

concerned.

In the course of the consultations, HMG will

indicate to the Hong Kong Government the reasons

for adopting the policy it proposes.

In matters of HMG's external commercial relations, where

it is proposed to follow policies which so far as can be foreseen,

may directly or indirectly affect Hong Kong interests, HMG will,

so far as is practicable, keep the Hong Kong Government informed

of their intentions and will give the Hong Kong Government opport- unity for such consultations and representations as may be necessary to ensure that its views and interests are fully taken into

account.

7.

In the course of any commercial negotiations between the

Hong Kong Government and a third party, any UK representatives

participating would bear in mind the need to maintain the authority

which in practice is vested in Hong Kong for the conduct of

the negotiations.

8. HMG and the Hong Kong Government recognise that policy

decisions have often to be taken as a matter of urgency and

that speed of reaction in consultation is often of paramount

importance.

9.

HMG's decisions on all matters in which agreement between HMG and the Hong Kong Government is required will continue to

be conveyed to the Hong Kong Government by the Foreign and Commonwealth

Office.

10. The procedures for such consultation as is required between

HMG and the Hong Kong Government on matters of external commercial relations will be reviewed from time to time.

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NOTES