TNAG-2116-FCO40-3021-Future-of-Hong-Kong-Sino-British-Joint-Declaration-action-ch-1990 — Page 78

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Annex I Section VI: Economic System and External Economic Relations

Whether the

Chinese need

CA Branch Liaison Officer: PAS(CA) 5

Item &

JD/BL reference

Action Officer*

to be consulted/ informed and if so, timing

e. Consider need for

Investment

Protection

Agreements (IPPA's)

between SAR and

third countries

(JD 90)

(BL Art. 116)

Date for

HMG/HKG to start deliberation

*STI

Consultation is

Early 1990

D of Ind

necessary. Mid to late 1990,

depending on

progress

* Please mark an '*' against the officer with overall responsibility

CL7

Present Position

Hong Kong should conclude and maintain a network of its own IPPA's before and after 1997. A paper on the draft model agreement which would meet HK's circumstances and needs was passed to the Chinese shortly. before JLG XV.

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Relevant Considerations

10th Edition (June 1990)

Target Completion Date

1990 for Model Agreement