Saturday 7 December 2019
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business-standard - 14 days ago

Trump indicates to veto Hong Kong Human Rights and Democracy Act

US President Donald Trump on Friday indicated that he might veto the Hong Kong Human Rights and Democracy Act that was passed by both chambers of the US Congress the House of Representatives and the Senate with near-unanimous support. The US Congress on Wednesday passed the legislation that would force the Trump administration to assess whether political unrest in the vital global financial hub justify changing its unique treatment under the US law. The Hong Kong Human Rights and Democracy Act of 2019 that was passed would also require the Secretary of State to certify at least once a year that Hong Kong still retains enough autonomy to warrant the special US trading consideration that bolsters its status as a world financial center. The US treats semi-autonomous Hong Kong, which has its own legal and political systems, differently from the Chinese mainland when it comes to trade and export controls. The bill - if it becomes law - will demand greater scrutiny of the city s special

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