NPC Standing Committee to consider adding anti-sanctions law to Basic Law Annex III
The anti-sanctions law introduced in the mainland in June may be included in the Annex III of the Basic Laws in Hong Kong and Macau, Hong Kong’s sole National People’s Congress delegate Tam Yiu-chung said.
This came as a four-day NPC standing committee meeting opened in Beijing today.
Tam said that the NPC has consulted the SAR government and the Basic Law Committee and he expected the bill to extend the new anti-sanctions law to fight back sanctions imposed by foreign countries -- especially the United States -- to the two SARs by Friday.
But the meetings will not discuss the specific way to implement the anti-sanction law in Hong Kong and Beijing has not requested Hong Kong to conduct similar legislation on its own.
Tam believed that the Laws will not affect Hong Kong's status as an international financial center and the confidence of foreign investors and that the SAR government will develop the relevant mechanisms and implementation methods carefully and prudently.
He said that the US sanctions earlier were to interfere with Hong Kong's affairs and the internal affairs of the country, which deserve to be counter-sanctioned.
"The bill is consistent with the relevant provisions of the Basic Law, as it relates to national defense and foreign affairs, and is beyond the autonomy of the SAR Government," said Tam.