TNAG-2526-FCO40-3689-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1992 — Page 6

படப

CONFIDENTIAL

5

機密

addition, it has been agreed within the Sino-British Joint

Liaison Group that Hong Kong will continue to participate

in

the activities of the IBRD. It would be consistent with

this agreement for this Convention, which established the

International Centre for settlement of Investment Disputes

under the auspices of the IBRD, to continue to apply to the

HKSAR after 30 June 1997.

Proposal

8.

The British side

should

1997

in

accordance with the Joint Declaration.

proposes that the Convention

continue to apply to the Hong Kong SAR after 30 June

To achieve

this result it will be necessary for the CPG in some way to

to all present Contracting

indicate

Parties, and all

Governments which may become parties before I July 1997,

that all the international rights and obligations arising

from the Convention, to the extent to which they apply to

Hong Kong, will be assumed by the CPG with effect from

1 July 1997 and apply to the HKSAR of the PRC. It will

further be necessary to ensure SO far as possible that

those Contracting Parties either agree, OF at least

In the opinion of the British side the best

method for securing this objective would be as described in

paragraph 7 of the paper

acquiesce.

15 March 1989.

handed to the Chinese side on

CY-304

CONFIDENTIAL ##