TNAG-2498-FCO40-3636-Relations-between-Hong-Kong-and-Taiwan-1992 — Page 128

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FM BTC HONG KONG

TO PRIORITY FCO

TELNO ATIC 4

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AKC

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067115

MOLIAN 0335

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CM

MK/TAIWAN

OF 041005Z JUNE

INFO PRIORITY PEKING, BTC HONG KONG

FOLLOWING IS TEXT OF TELEGRAM FROM TAIPEI AS TAIPEI TELNO 4.

'MIPT: HONG KONG/TAIWAN RELATIONS.

1.

FOLLOWING IS OUR UNOFFICIAL TRANSLATION OF TEXT OF

MEMORANDUM OF UNDERSTANDING REFERRED TO IN MIPT:-

THE CHINESE NATIONAL FEDERATION OF INDUSTRIES AND THE HONG

KONG GENERAL CHAMBER OF COMMERCE ARE BOTH INDUSTRIAL AND COMMERCIAL SERVICES ORGANISATIONS OF A PRIVATE NATURE CONCERNED WITH THE PROMOTION OF INTERNATIONAL ECONOMIC AND TRADE RELATIONS.

BOTH ORGANISATIONS HAVE RECOGNISED, IN VIEW OF THE INCREASE IN INVESTMENT, TRADE AND FINANCIAL EXCHANGE BETWEEN THE TWO TERRITORIES, THE NEED TO EXPAND THEIR SERVICES TO THEIR RESPECTIVE MEMBERSHIP AND TO PROMOTE BENEFICIAL ECONOMIC AND TRADE ACTIVITIES WITH EACH OTHER, AND HAVE THEREFORE REACHED THE FOLLOWING AGREEMENTS AS SET FORTH IN THIS MEMORANDUM:

1.

THE CHINESE FEDERATION OF INDUSTRIES IS TO ESTABLISH A 'CHINESE TAIPEI-HONG KONG ECONOMIC AND TRADE CO-OPERATION

COMMITTEE' TO PROMOTE ECONOMIC AND TRADE ACTIVITIES BETWEEN THE

TWO TERRITORIES AND TO PROVIDE SUCH SERVICES TO ITS MEMBERS.

2. THE HONG KONG GENERAL CHAMBER OF COMMERCE IS TO

ESTABLISH A 'HONG KONG-TAIPEI ECONOMIC AND TRADE CO-OPERATION

COMMITTEE' TO PROMOTE ECONOMIC AND TRADE ACTIVITIES BETWEEN THE

TWO TERRITORIES AND TO PROVIDE SUCH SERVICES TO ITS MEMBERS.

BOTH COMMITTEES SHOULD CONVENE REGULAR MEETINGS EACH

YEAR TO PLAN AND CO-ORDINATE MATTERS FOR CO-OPERATION.

3.

4

$

THE CHINESE NATIONAL FEDERATION OF INDUSTRIES AND THE

HONG KONG GENERAL CHAMBER OF COMMERCE SHALL PROVIDE ALL SUPPORT AND CO-ORDINATION TO THE ACTIVITIES UNDERTAKEN BY BOTH

COMMITTEES.

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