Ratifying the Agreement on the Formation of the Central Asia Regional Economic Cooperation Institute
2018-07-07 1151
- Area of Law: Foreign Affairs
- Level of Authority: Working Documents
- Date issued:06-27-2017
- Effective Date:06-27-2017
- Status: Effective
- Issuing Authority: Standing
Committee of the National People's Congress
Decision of the Standing
Committee of the National People's Congress on Ratifying the Agreement on the
Formation of the Central Asia Regional Economic Cooperation Institute
(Adopted at the 28th Session of the Standing Committee of the Twelfth National
People's Congress on June 27, 2017)
As decided at the 28th Session of the Standing Committee of the Twelfth
National People's Congress, theAgreement on the Formation of the Central Asia
Regional Economic Cooperation Institute(hereinafter referred to as the
“Agreement”) signed by the representative of the People's Republic of China in
Islamabad on October 26, 2016, is hereby ratified, accompanied with the
following declaration:
I. In accordance with the provisions of item (3), paragraph 1 of Article 21 of
the Agreement, the People's Republic of China will retain the right to impose
taxes on the salaries and remunerations obtained by the employeesof Chinese
nationality from the Central Asia Regional Economic Cooperation Institute.
II. The Macao Special Administrative Region of the People's Republic of China
shall be governed by the Agreement, but shall not be subject to the declaration
made by the People's Republic of China based on item (3), paragraph 1 of
Article 21 of the Agreement.
III. The Agreement shall not apply to the Hong Kong Special Administrative
Region of the People's Republic of China, until a notice of the Government of
the People's Republic of China directs otherwise.