TNAG-1388-FCO40-1859-Future-of-Hong-Kong-Sino-British-Joint-Declaration-1985 — Page 268

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e)

local officers in senior posts well before 1997 (early).

Consider need for arrangements to maintain the exchange rate

of HMOCS pensions (medium or long term).

not incres...

Section V: The Financial System

i)

You may wish to add to (c) "and other financial matters where

education of Chinese is desirable."

Section VI: Economic System and External Economic Relations

i)

You may wish to consider adding a new item: "consider the introduction of a more specific statement of Hong Kong's right to conduct trade negotiations independently of HMG". The existing authorisation (known as the Jordan-Part Treaty) is not sufficient

for us

to be able to state that Hong Kong is a territory with

autonomy in this area.

HS &

Section VIII: Shipping

i)

cohficat

دید

Items (a), (b) and (e) should be given greater priority because they need to be dealt with before the introduction of the

They should become "early" rather than

Merchant Shipping Bill.

medium term.

Section IX: Civil Aviation

(The following comments are based on Department of Transport advice)

i)

Item (b) might be more appropriately included under long-term action since the whole process of negotiating separate ASA's will take a number of years.

ii)

a)

b)

iii)

You may wish to include two new items under "early action". Signature of UK/Hong Kong agreement and CMU on Air Services providing enhanced autonomy for Hong Kong in the Civil Aviation field between now and 1997.

amend the Hong Kong Air Transport Licensing Regulations by February (to implement the Agreement and CMU).

On item (c) we presume that since Hong Kong already maintains its own Register of aircraft, the only action that would be necessary is to ensure that the register is kept "in

accordance with the provisions laid down by the CPG concerning nationality marks and registration marks of

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