British Overseas Territories is the only overseas territory that is part of the European Union (EU), although it is not part of the European Customs Union, the European Tax Policy, the European Statistics Zone or the Common Agriculture Policy. Gibraltar is not a member of the European Union in its own right. The Sovereign Base Areas in Cyprus are not part of the European Union, but they are the only British overseas territory to use the euro as official currency. None of the other Overseas Territories are members of the EU, the main body of EU law does not apply and, although certain
British National (Overseas) the Chinese government among the residents of Hong Kong. Under pressure from the Legislative Council of Hong Kong, the government of United Kingdom created a selection scheme to grant full British citizenship to 50,000 families based on a meritocratic points system. As of 31 December 1997, around 3.4 million of Hong Kong's British Dependent Territories Citizens successfully registered as British National (Overseas), and there were around 2.7 million of British National (Overseas) passports in circulation. About 2.5 million permanent residents of Hong Kong were not eligible to register for the British National (Overseas). Many of them were not British Dependent