TNAG-1401-FCO40-1873-Future-of-Hong-Kong-continued-participation-in-the-General-A-1985 — Page 41

CONFIDENTIAL

on 1

In accordance with the Joint Declaration Hong Kong will, on July 1997, become a Special Administrative Region of the People's Republic of China, and will continue to possess full

autonomy in the conduct of its external commercial relations

and of all the other matters provided for in the agreement".

CONFIDENTIAL