TNAG-2469-FCO40-3593-Most-favoured-nation-status-for-China-Hong-Kong-interests-1992 — Page 114

FROM

32 2 2347374 DGE 1 POL COMM

92-11-19 11:49 G3 ST E

P3

COMMISSION

OF THE EUROPEAN

COMMUNITIES

Brussels, 18 November 1992 HH/gm

DIRECTORATE--GENERAL

EXTERNAL RELATIONS

1 A 1

Multilateral

Policy

Subject:

Trade

Chinese Accession

Some elements for a protocol and/or Working Party Report of interest to the EC

1. Transparency. Commitment to publish In accordance with Article X.

2.

3.

4.

5.

6.

1.

trade

measures

Establishment of

laws, regulations or

by the central national government only (Article XXIV:12 typo obligation).

8.

Uniformity of trade regime. (Is it realistic to request this in view of the fact that China's regime (SEZs) is patently not uniform?) or should China only be requested to indicate for which arcas derogations will apply?

9.

Tariffs as the only Instrument to regulate trade q.r's, compulsory licensing etc.)

(abolition of

National treatment obligation and obligation that purchases made under any remaining economic or trade plans, which have to be published, will be based on the principle of non-discrimination.

a

non-

Foreign trade corporations. PRC obligation to increase access for Independent traders (thus going beyond Article XVI). General

to

In act state obligation for

trading enterprises discriminatory manner.

Any fees must have a relation to and be commensurate with the cost of services rondered (Article VIII).

Exchange rate policy and foreign exchange allocations shall not frustrate the provisions of the General Agreement (Article XV).

(in view of the

the increased be phased out Export subsidles to potential of a managed economy to subsidize, which certainly should not damage the interests of market economy trading partners on export markets). Licensing requirements to be published related statistics (These two points go beyond the S+D disciplines of the Dunkel draft).

10. Application of rules of origin?

11. Commitment to ensure the elimination of local content requirements. (Does the EC have an interest to flag this issue, in view of the fact that the EC is not a major Investor?)