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1.
Other Agreements
10. Hong Kong is an associate member of ESCAP, and a
member in its own right of the Asian Development Bank and
the Asian Productivity Organisation. It is not separately
represented in other international organisations. Hong
Kong representatives in the UK Mission sometimes attend
UNCTAD meetings but do not speak. International commodity
agreements under the UNCTAD integrated programme apply
to Hong Kong only by virtue of UK acceptance in respect
of Dependent Territories as well as the metropolitan
territory.
Hong Kong, China and the EC
11. Unlike other dependent territories Hong Kong was
not included in, or associated with, the EC at the time of
UK accession. It is treated by the Community as a third
country with GATT rights. The PRC has a non-preferential
trade agreement with the EC, guaranteeing that it is
accorded the same treatment on tariffs as third countries
with GATT rights (but see paragraph 12 below). However,
like other state traders, it is still subject to
discriminatory and (except in the textile sector)
autonomously imposed quotas which the EC has given only
a general undertaking to 'endeavour' to liberalise.
12. Under the EC Generalised System of Preferences
Scheme (GSP), all non-associated developing countries
benefit from reduced tariffs (in many cases zero) on their
exports to the Community of all industrial and some
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