TNAG-1494-FCO40-2052-Future-of-Hong-Kong-General-Agreement-on-Tariffs-and-Trade-(-1986 — Page 30

L GENERAL PRINCIPLES BOVERNING NEBOTIATIONS.

(1)

Negotiations shall be conducted

(13)

transparent manner, and

consistent with the objectives and commitments agreed in this

Declaration and with the principles of the Sanural Agreement in order

to ensure mutual advantage and increased benefits to all participants.

the

The launching, the conduct and the implementation of the outcome

of the negotiation shall be treated as parts of a single

undertaking.

However, agraseents reached at an early stage aay

be implemented on a provisional or a definitive basis by

agreement prior to the formal conclusion of the Negotiations.

Early agreements shall be taken into account in assessing the

overall balance of the negotiations.

(iii) Balanced concessions should be sought within broad trading areas

and subjects to be negotiated in order to avoid unwarranted

cross-sectoral demands.

{{v}

9214/86

CONTRACTING PARTIES agree that the principle of differential and

more favourable treatment embodied in Part IV and other relevant

provisions of the General Agreement and in the Decision of Contracting Parties of 28 November 1979 on Differential and More

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