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CONFIDENTIAL
A public service in which appointment and promotion depends on qualifications, experience and ability will continue to serve
serve the Special Administrative Region as it has loyally served Hong Kong in the past.
The people of Hong Kong will continue to enjoy their existing rights and freedoms under Hong Kong law and the continued application to Hong Kong of the International Covenants on Civil and Political and Economic, Social and Cultural Rights.
The agreement provides for Hong Kong to retain and strengthen its position as a a world commercial, financial and communications centre. The Special Administrative Region will be able to negotiate agreements and participate in international organisations and arrangements in appropriate fields, such as
such as the GATT.
It will have autonomy in the economic, financial and monetary fields.
There will be no exchange control and
CONFIDENTIAL
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Private notes are available after approval.