Hk Agreement With China

When negotiations between Britain and China on Hong Kong`s political future began in 1982, the British government`s initial proposal was to retain an administrative role in the region after 1997. Such a position outraged the nationalist sensibilities of the Chinese government and its categorical rejection caused great consternation within the territory in the face of possible unilateral measures taken by the Chinese. However, in a series of tense negotiations, the British accepted the Chinese position and, in September 1984, a sovereignty transfer agreement was signed in the form of a joint declaration. According to the statement, China should develop a fundamental law that embodies some fundamental policies. On 1 July 1997, Hong Kong was to become a Special Administrative Region (SAR) of the People`s Republic of China, with a government composed of „local residents“. The RAD would have „a high degree of autonomy, except in foreign affairs and defence,“ and its „current social and economic systems“ and „lifestyles,“ including civil liberties, would be the same as they are today. The SAR would retain its status as a free port, customs territory and separate monetary system and an autonomous economic relationship with other countries and with international organizations. These rules are expected to remain unchanged for fifty years. (15) The United Kingdom has taken control of parts of Hong Kong through three contracts with Qing China after the Opium War: the Sino-British Joint Declaration itself does not have a mechanism approved by both parties to ensure compliance.

Although registered with the United Nations, the Agreement did not contain any oversight mechanisms by the United Nations. Therefore, only the signatories of the declaration have the right to address any violations of the conditions. The communist press published reports that the project was a bad plan to bleed at ease in Hong Kong before the handover and let the territory take on serious debt. [135] After three years of negotiations, Britain and the PRC finally agreed on the construction of the new airport and signed a Memorandum of Understanding. [136] To remove the hills and reclaim the land, it took only a few years to build the new airport. In a statement, Raab said Britain would work with its allies to ensure the Chinese government complies with its obligations under international law. The strongest argument for a successful economic and political transition is that it is in the chinese government`s interest that Hong Kong remain prosperous and politically stable. Hong Kong remains very important to the Chinese economy and the success demonstrated in the example of Hong Kong is crucial for China`s plans to achieve eventual reunification with Taiwan and Macao. China is also aware that regional countries such as Japan, the United States and the international community as a whole will be closely focused on the new Hong Kong SAR after July 1997.

The provisions of the Basic Law guaranteeing Hong Kong`s separate identity under the „one country, two systems“ formula indicate that Chinese leaders understand the importance of protecting the territory`s institutions for maintaining its viability.