จ
well-armed country.
POLICY IN CONFIDENCE
But any other scenario could be justified
very easily. This state of uncertainty makes it impossible to
determine whether or not in 1997 there will still be a
strategic embargo against the Soviet Union, but clearly there is no conceivable way in which an economic recovery of any
substance could be made from its present parlous condition
within the short compass of years under consideration and,
therefore, it is safe to assume that if there are still
strategic concerns there will still be a pretty comprehensive list of prohibited exports.
China as a Diversionary Route to USSR
Pass!
The Current State of High Technology Trade in Hong Kong
The pattern of trade in Hong Kong in goods which are currently
covered by COCOM control embraces:
(a) import and subsequent re-export back to COCOM countries after processing;
(b) import and re-export to non-COCOM countries with or without processing;
(c) import of components which are controlled in their own right for incorporation into manufactured products which then form part of Hong Kong's domestic exports (eg personal computers, satellite navigation systems, wire
bonders and cellular telephones); and
(b) the import of goods for domestic use in Hong Kong (eg computers for Hong Kong's financial services
industry).
Because Hong Kong currently has a significant trade in these
commodities and expertise both in using the equipment and in incorporating components into finished products, any regime which is applied to Hong Kong after 1997 will need to take account of this starting point. Hong Kong will not be in the same position as Eastern Europe after the last war, and given
POLICY IN CONFIDENCE
Page 75Page 76
No comments yet.
Private notes are available after approval.