TNAG-0319-FCO40-355-Legislation-for-immigration-and-deportation-in-Hong-Kong-1971 — Page 35

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(6) The provisions of paragraphs (1), (2) and (4) of this Article shall not prevent a Contracting Party, if a member of the International Monetary Fund, from taking measures in any territory to restrict imports from, or to direct exports elsewhere than to, the territories of the other Contracting Party in a manner having equivalent effect to restrictions on payments and transfers for current international transactions which that Contracting Party may at that time apply under the Articles of Agreement of the International Monetary Fund.(2) provided that measures taken under the provisions of this paragraph shall not be applied in a manner which would cause unnecessary damage to the commercial or economic interests of the other Contracting Party or would constitute a means of arbitrary or unjustifiable discrimination against the other Contracting Party as compared with other foreign countries.

measure of (7) Neither Contracting Party shall impose any discriminatory nature that hinders or prevents importers or exporters of products of either Contracting Party from obtaining marine insurance on such products from insurers of either Contracting Party.

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ARTICLE 18

(1) The Contracting Parties recognise that internal taxes and other internal charges, and laws, regulations and requirements affecting the internal sale, offering for sale, purchase, transportation, distribution or use of products, and internal quantitative regulations requiring the mixture, processing or use of products in specified amounts or proportions, should not be applied to imported or national products so as to afford protection to national production.

(2) Products originating in any territory of one Contracting Party and imported into any territory of the other shall not be subject, directly or indirectly, to internal taxes or other internal charges of any kind in excess of those applied, directly or indirectly, to like products originating in any territory of the latter Contracting Party or in any other foreign country.

(3) Products originating in any territory of one Contracting Party and imported into any territory of the other shall in that territory be accorded treatment not less favourable than that accorded to like products originating in any territory of the latter Contracting Party or in any other foreign country in respect of all laws, regulations and requirements affecting their internal sale, offering for sale, purchase, transportation, distribution or use. The provisions of this paragraph shall not prevent the application of differential internal transportation charges which are based exclusively on the economic operation of the means of transport and not on the nationality of the product.

(4) Neither Contracting Party shall establish or maintain any internal quantitative regulation relating to the mixture, processing or use of products in specified amounts or proportions which requires, directly or indirectly, that any specified amount or proportion of any product which is the subject of the regulation shall originate in any territory of that Contracting Party or in any foreign country.

(2) "Treaty Series No. 21 (1946)", Cmd. 6885.

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