§ 5713. — Commerce between United States and Hong Kong.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC5713]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 66--UNITED STATES-HONG KONG POLICY
SUBCHAPTER I--POLICY
Sec. 5713. Commerce between United States and Hong Kong
It is the sense of the Congress that the following, which are based
in part on the relevant provisions of the Joint Declaration, are and
should continue after June 30, 1997, to be the policy of the United
States with respect to commerce between the United States and Hong Kong:
(1) The United States should seek to maintain and expand
economic and trade relations with Hong Kong and should continue to
treat Hong Kong as a separate territory in economic and trade
matters, such as import quotas and certificates of origin.
(2) The United States should continue to negotiate directly with
Hong Kong to conclude bilateral economic agreements.
(3) The United States should continue to treat Hong Kong as a
territory which is fully autonomous from the United Kingdom and,
after June 30, 1997, should treat Hong Kong as a territory which is
fully autonomous from the People's Republic of China with respect to
economic and trade matters.
(4) The United States should continue to grant the products of
Hong Kong nondiscriminatory trade treatment by virtue of Hong Kong's
membership in the General Agreement on Tariffs and Trade.
(5) The United States should recognize certificates of origin
for manufactured goods issued by the Hong Kong Special
Administrative Region.
(6) The United States should continue to allow the United States
dollar to be freely exchanged with the Hong Kong dollar.
(7) United States businesses should be encouraged to continue to
operate in Hong Kong, in accordance with applicable United States
and Hong Kong law.
(8) The United States should continue to support access by Hong
Kong to sensitive technologies controlled under the agreement of the
Coordinating Committee for Multilateral Export Controls (commonly
referred to as ``COCOM'') for so long as the United States is
satisfied that such technologies are protected from improper use or
export.
(9) The United States should encourage Hong Kong to continue its
efforts to develop a framework which provides adequate protection
for intellectual property rights.
(10) The United States should negotiate a bilateral investment
treaty directly with Hong Kong, in consultation with the Government
of the People's Republic of China.
(11) The change in the exercise of sovereignty over Hong Kong
should not affect ownership in any property, tangible or intangible,
held in the United States by any Hong Kong person.
(Pub. L. 102-383, title I, Sec. 103, Oct. 5, 1992, 106 Stat. 1450; Pub.
L. 105-206, title V, Sec. 5003(b)(7), July 22, 1998, 112 Stat. 790.)
Amendments
1998--Par. (4). Pub. L. 105-206 struck out ``(commonly referred to
as `most-favored-nation status')'' after ``nondiscriminatory trade
treatment''.
