TNAG-2496-FCO40-3632-Relations-between-Hong-Kong-and-Macao-(Macau)-1992 — Page 71

SENT BY UKREP EC BRUSSELS

02-JUN-1992 15:55

: 3-6-92; 13:07 ;

+32 2 2308379-

0712703546: 11/20

REPER PORT CEE BXL

PAG.10

9

10

With the aims of the Agreement in mind, the contracting Parties shall endeavour to facilitate and promote the following, inter alta:

V

-

the establishment of joint ventures;

the transfer of technology:

cooperation between financial institutions;

steps such as vielts, contacts and activities to promote cooperation between persons and delegations representing firms or economic organizations;

the organization of seminars and symposia.

Article 6

The Contracting Parties shall promote the development and diversification of Macao's production base in industry and services, in particular by targeting cooperation activities at small and medium-sized enterprises and by encouraging steps to facilitate access on the part of such enterprises to sources of capital, markets and appropriate technology. Such measures could include the joint establishment of suitable mechanisms and Institutions.

Article 7

INVESTMENT

The Contracting Parties agree:

(a)

(b)

to promote an increase in mutually beneficial investment, within the limits of their responsibilities, rules and policies,

to improve the climate for investment on both sides, notably by means of agreements between the Community Member States and Macao for the protection and promotion of Investment, on a bagis of non-discrimination and reciprocity.