TNAG-1492-FCO40-2050-Future-of-Hong-Kong-General-Agreement-on-Tariffs-and-Trade-(-1986 — Page 299

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The Chinese Govenment will,

in its

declaration,

Hong Kong

Special

refer to the provision that the

Administrative

its

Region will decide on its Own

economic and trade policies and the other afore-going

provisions of the Sino-British Joint Declaration, and

declare that with effect from 1 July 1997, the Hong Kong

Special Administrative Region will meet the requirements

for a customs territory to be deemed to be a contracting

party as prescribed in GATT Article XXVI 5 (c), and

!

therefore may, using the name of "Hong Kong,

China" 霹

continue to be deemed to be a contracting party to the

General Agreement on Tariffs and Trade.

The Chinese and British Governments are convinced

that this procedure is in full accord with the relevant

provisons of the General

has been This Agreement.

informally confirmed by the Secretariat of the GATT.

Bearing in mind the friendly relations existing

between our two countries, the Chinese Government wishes

to inform your Government in advance of the actions soon

to

be taken by the Chinese

and British Governments

in

the hope of having your Government's understanding.