|Macao – So Far So Good |
Macao Â– So Far So Good
Source: Tim Boden, Foreign Press, European Parliament. January 22, 2001.
There is a broad welcome for the peaceful way in which Macao has been integrated as a Special Administrative Region (SAR) into China. This comes in a draft resolution from Mario Soares (PES, P) for the Committee on Foreign Affairs, Human Rights, Common Security and Defence Policy. The committee is particularly concerned that there should be full compliance with the 1993 Basic Law, which enshrines the "one country, two systems" principle and led to the creation of the SAR with a different political, legal and economic system. There is support for the consolidation of commercial and political relations between the EU and Macao and for the creation of an EC-Macao cooperation office. The draft resolution emphasises the key role that Macao, a founding member of the WTO, can play in China's path into joining the organisation. Finally the importance of the 1993 Trade and Cooperation Agreement between the EU and Macao is stressed.
The draft resolution is in response to a Commission communication "The EU and Macao: beyond 2000". Macao was transferred to China in 1997 and the SAR has been established for a period of 50 years after that date.
The report is due to be debated during the February session in Strasbourg.