USA Hong Kong Deals Cancel

United States Cancels Three Major Contracts with Hong Kong

Politics
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Washington

Shocking China, the US has removed three major agreements with Hong Kong. In addition, the US has been angry since China introduces a new national security law in Hong Kong. Also, the Trump authority cancels three bilateral deals with Hong Kong on Wednesday.

The agreement includes:

  1. The surrender of a wanted criminal.
  2. The release of convicts.
  3. The exemption of bilateral tax on income from global ship operations.
  4. Extradition and tax deduction.

The US has said in a statement that China has releases new regulation. Which controls the liberty and democratic freedoms of Asia’s trading hub. Hong Kong has become another uncertain issue among China and the US. In fact, stress is already in between because of issues in trade.

In fact, a month ago, Trump ended Hong Kong’s special status with the US. However, he also signed the law banning Chinese officials liable for cracking down on political rebel in Hong Kong.

State Department Spokesman Morgan Ortagus

Morgan Ortagus said that they have told the Hong Kong authorities on 19th August; For the decision to suspend or end up the three bilateral agreements.

The deputy said the Chinese Communist Party has taken drastic steps to end liberty. In which Beijing had promised to the people of the UK and Hong Kong. It’s for 50 years under an un registered Sino British joint declaration.

Morgan said Trump has cleared that in this way the US would perceive Hong Kong as a country, a system. Also, anyone who abuses the rights of the Hong Kong people will also get punished.

The US is following the footsteps of other countries, including Australia, Germany and the United States. After China passed the law in late June. In fact, the Trump authority has approved 11 senior officials look after Hong Kong. It also includes city leader Carrie Lam, who has said they have problems with credit cards.

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