TNAG-2112-FCO40-3011-International-Rights-and-Obligations-Sub-Group-of-the-Sino-B-1990 — Page 15

CONFIDENTIAL

130445

MDHIAN 1145

IMPORTATION OF GOODS. IT FACILITATES THE HOLDING OF INTERNATIONAL CONFERENCES AND EXHIBITIONS, AND BRINGS REVENUE TO HONG KONG.

PROPOSALS

9. THE BRITISH SIDE PROPOSE THAT THE CONVENTIONS, TOGETHER WITH ITS ANNEXES, SHOULD CONTINUE TO APPLY TO THE HONG KONG SAR AFTER 30 JUNE 1997 IN ACCORDANCE WITH THE JOINT DECLARATION. TO ACHIEVE THIS RESULT, IT WILL BE NECESSARY FOR THE CPG IN SOME WAY TO INDICATE TO ALL PRESENT CONTRACTING PARTIES, AND ALL GOVERNMENTS WHICH MAY BECOME PARTIES BEFORE 1 JULY 1997, THAT ALL THE INTERNATIONAL RIGHTS AND OBLIGATIONS ARISING FROM THE CONVENTION AND ANNEXES: TO THE EXTENT TO WHICH THEY APPLY TO HONG KONG, WILL BE ASSUMED BY THE CPG WITH EFFECT FROM 1 JULY 1997 AND APPLY TO THE HKSAR OF THE PRC. IT WILL FURTHER BE NECESSARY TO ENSURE, So FAR AS POSSIBLE, THAT THOSE CONTRACTING PARTIES EITHER AGREE, OR AT LEAST ACQUIESCE. IN THE OPINION OF THE BRITISH SIDE, THE BEST METHOD FOR SECURING THIS OBJECTIVE WOULD BE AS DESCRIBED IN PARA 7 OF THE PAPER HANDED TO THE CHINESE SIDE ON 15 MARCH 1989. '

DRAFT PAPER ENDS

WILSON

YYYY

ΜΑΙΝ

58

.HONG KONG AGREEMENT

. (RESTRICTED>

LIMITED

HKD

HD/FED

NEWS D

ADDITIONAL

3

MS FOAKES LEGAL ADVISERS

MS BARRETT LEGAL ADVISERS

NNNN

DISTRIBUTION

61

PAGE

PUSD RAD

PS/LORD CAITHNESS

PS/MR LENNOX-BOYD

MR MCLAREN

MR BURNS

MR FIFOOT LEGAL ADVISERS

3

CONFIDENTIAL

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