About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 1 (June 05, 2020)

handle is hein.crs/govdazv0001 and id is 1 raw text is: ~* or 101 ' Researh Set-wkc Revoking Hong Kong's Preferential Trade Status: Legal Framework and Implications June 5, 2020 On May 30, 2020, President Trump announced that his Administration would begin the process of eliminating U.S. policies that provide Hong Kong with special and different treatment from the People's Republic of China (China), including revocation of Hong Kong's preferential treatment as a separate customs and travel territory from the rest of China. The President also indicated the potential to sanction officials from Hong Kong and China directly or indirectly involved in eroding Hong Kong's autonomy. This Sidebar presents the legal framework that currently applies to Hong Kong's status as a separate customs territory from China and several potential implications of such a revocation. Background On May 28, 2020, the National People's Congress of China approved a decision authorizing its Standing Committee to enact laws to prohibit acts and activities in the Hong Kong Special Administrative Region that it considers as undermining its national security. The same day, the United States, United Kingdom, Canada, and Australia issued a joint statement expressing deep concern about the decision, suggesting that such a law would dramatically erode Hong Kong's autonomy and conflict with China's international obligations stemming from, among other things, a Sino-British Joint Declaration on the Question of Hong Kong to respect such autonomy. In addition, the U.S. Secretary of State issued a report (State Department Report) finding that Hong Kong is no longer sufficiently autonomous from China to warrant certain privileges under U.S. law that allow Hong Kong to be treated differently than China. Following the State Department Report, the President announced on May 30, 2020, that his Administration will take actions to curtail these privileges, including by no longer treating Hong Kong, the United States' 15th-largest export market, as a separate customs territory from China. Legal Framework for Hong Kong's Preferential Trade Status The current U.S. legal framework that applies to Hong Kong was initially enacted in 1992 in anticipation of Hong Kong's transfer from British to Chinese control. This section first provides a brief overview of Congressional Re search Service https://crsreports.congress.gov LSB10488 CRS Lega i&sebar Prepared . Mem-bersand C o m m;;fte.. o f C o eg o :C--------------.. -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------.............

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most