TNAG-2826-FCO40-4079-Investment-Protection-and-Promotion-Agreements-(IPPA)-betwee-1993 — Page 170

CONFIDENTIAL

Confidential

Draft

Investment Promotion and Protection Agreement

-

Hong Kong Italy

and

At JLG XXII, the Chinese side formally indicated that they had no objection to the Hong Kong Government

being

to authorised

investment negotiate

promotion

protection agreements (IPPAS) with a number of relevant countries, including Italy, on the basis of an agreed model

text.

2.

A Hong

Government Kong

the

delegation, under

authority of an entrustment from the Government of the United Kingdom, met with a delegation from the Government of Italy in December 1992. On 16 December 1992, the heads of the two delegations initialled an IPPA. The initialled

text is at Annex A.

3.

IPPA.

The text is substantively similar

with

the

to the model

An article-by-article comparison is at Annex B. In

accordance

made arrangements

at JLG

the XX,

British side would like to consult the Chinese side on the initialled text and would be grateful to receive any views

the Chinese side may have.

February 1993

CONFIDENTIAL

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