TNAG-2821-FCO40-4071-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 17

Proposal

CONFIDENTIAL

3

8.

The

British side

proposes that the Agreement should continue to apply to the Hong Kong SAR after 30 June 1997 in accordance with the Joint Declaration. To achieve this result it will be necessary for the CPG in some way to indicate to all present Contracting Parties, and all Governments which may become parties before 1 July 1997, that all the international rights and obligations arising from the Agreement, to the extent to which they apply to Hong Kong, will be assumed by the CPG with effect from 1

of the PRC. It will

far as possible that

July 1997 and apply to the HKSAR

further be necessary to ensure So

those Contracting Parties either agree, or at least acquiesce. In the opinion of the British side the best method for securing this objective would be as described in paragraph 7 of the paper handed to the Chinese side on 15 March 1989.

CY-531