Uk China Hong Kong Agreement

It also approved a network of bilateral agreements between Hong Kong and other countries. Within the framework of these agreements, the continued application of some 200 international conventions to the HKSAR after 30 June 1997 was concluded. Hong Kong is expected to continue to participate in various international organizations after the handover. On December 19, 1984, after years of negotiations, the British and Chinese leaders signed a formal pact authorizing the colony`s turnover in 1997 in exchange for the formulation of a “One Country, Two Systems” policy by the Chinese Communist government. Prime Minister Margaret Thatcher called the agreement “a milestone in the life of the territory, in Anglo-Chinese relations and in the history of international diplomacy.” Hu Yaobang, the general secretary of the Communist Party of China, called the signing a “day of red letters, an opportunity of great joy” for the billion Chinese. The signing of the joint declaration sparked some controversy in Britain, with British Conservative Party Prime Minister Margaret Thatcher agreeing with the Chinese communist government, represented by Deng Xiaoping. [9] In the White Paper containing the joint statement, Her Majesty`s Government stated that “the alternative to the adoption of this Agreement is to have no agreement,” a statement intended to refute criticism that the statement has made too many concessions to China and highlights China`s considerable influence during the negotiations. [9] The list included Hong Kong government officials, members of the Legislative and Executive Council, presidents of the Hongkong and Shanghai Banking Corporation and Standard Chartered Bank, prominent businessmen such as Li Ka-shing, Pao Yue-kong and Fok Ying-tung, as well as Martin Lee Chu-ming and Szeto Wah. Britain quickly resorted to this unofficial part of the deal and attacked Kowloon Walled City in 1899 just to leave it.

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