Three Bilateral Agreements With Hong Kong

The U.S. State Department said in a statement Wednesday that it had informed Hong Kong authorities of the suspension or end of bilateral extradition agreements and exceptions. “The unilateral decision of the United States reflects its disregard for bilateralism and multilateral ism under the current government and should be condemned by the international community,” a Hong Kong government spokesman said in a statement. “The Hong Kong Special Administrative Region disagrees and regrets the U.S. action, widely seen as a step to create domestic problems in China and the United States. Hong Kong as a pledge.┬áThe Hong Kong government on Thursday rebuked the United States for its unilateral decision and said that bilateral agreements are not part of Hong Kong`s U.S. preferential treatment. “The termination of the agreements increases the operating costs of the shipping companies involved, particularly U.S. companies, as they will be subject to double taxation. It would hinder the development of the maritime sector between Hong Kong and the United States and would not interest anyone,” said a Hong Kong government spokesman. As part of the ongoing implementation measures, we informed the Hong Kong authorities on 19 August of the suspension or end of three bilateral agreements. These agreements covered the release of fugitives, the transfer of convicted persons and reciprocal exemptions from income from the international operation of ships.

The end of the agreements follows US President Donald Trump`s order last month to end Hong Kong`s special status under U.S. law to punish China for what he called “oppressive actions” against the former British colony. It must carry out an essential activity, the proof of which is, through an analysis of four distinct criteria: the nature and extent of the activities carried out in Hong Kong, the responsibility for hong Kong`s income tax, at least three years of existence and commercial activity (five years in the construction and mechanical engineering sector, but no conditions imposed on real estate agencies). , and the presence of 100% or leased offices, excluding only “mailboxes” from the benefits of the agreement. On June 30, the Chinese National People`s Congress unanimously passed a new security law, enacted on July 1 in Hong Kong to strengthen security in the city. It has drawn criticism in Hong Kong and within the international community, which Beijing has called a “foreign intervention.” The United States has had to resign itself to China because of its policy in Hong Kong, in part because of its decision to apply a controversial national security law to the autonomous zone, which critics say would serve to break dissent. 28The EPA is of great political importance. The agreement signed at the end of June 2003 on the occasion of the official visit of the new Chinese Prime Minister Wen Jiabao to the SAR shows that the maintenance of Hong Kong`s prosperity remains the essential objective of the people`s republic of China`s policy towards SAR, not least because the Chinese authorities consider it to be the main factor in maintaining political stability in Hong Kong. , as well as in the principle of the success of the “one country, two systems” principle.

The EPA is therefore the most visible sign of the Chinese authorities` desire to bring Chinese growth to Hong Kong by increasing economic penetration without jeopardy the total autonomy of Hong Kong`s economic territory, which has been symbolically strengthened by the conclusion of a bilateral trade agreement. The day before, Mr. Trump signed two executive orders that deprive U.S. residents and businesses of the ability to conduct transactions with Chinese apps TikTok and WeChat within 45 days.