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Post. Herald 1815769
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NEWS IN Hongkong
Textile talks delayed
Further talks on U.S. textile imports from Hong- kong and other Far Eastern countries will probably be delayed until later this year.
This emerged from yes- terday's press
conference given by the U.S. Secretary of Commerce, Mr Maurice after he had Stans, soon met Government leaders to urge them to restrain voluntarily Hongkong's textile exports to the U.S.
The textile Industry is Hongkong's largest single employer of labour and last year
the colony sent $1500 million worth of textile exports to the US,
Mr Stans, who leaves į Hongkong to return home today, was speaking at the end of
that has a tour taken him through Taiwan, Japan and South Korea as well as Hongkong.
He said the U.S. had originally hoped to discuss textile imports with these countries (including Hong-
kong) in Geneva next month.
"From discussions We had in Japan, it has be- clear we cannot come move towards this June time-table," Mr Stans said. "Instead we hope to find a later date this year after the summer vacation."
Director of Commerce and Industry would make report in full to the textile industry interests involved.
At the meeting, accord- ing to the short Govern- ment press release, Mr Stans explained the situa- tion of the U.S. textile in- and outlined ,dustry
various courses of action which he believed to be open to meet the problems, "The Hongkong Govern- ment representatives took
After being received by the Governor, Sir David Trench, yesterday morning, Mr Staus met representa tives of Government head-note of the situation ex- ed by the Financial Secre- tary, Sir John Cowperth- waite, and the Director of Commerce and Industry, Mr D. H. Jordan.
The meeting was at- tended by 11 Government and 16 representatives Americans.
After the talks, a Gov- ernment source said the
-set timetable
re
plained by Mr Stans and assured him that it was prepared to renew discus- sións at any time on the request of the U.S. gov- ernment,"
the release said.
"It is emphasised the discussions held were of an exploratory nature only."
At his press conference after the talks, Mr Stans said Government had shown itself "willing to recognise the significance of the problem."
"But the Government Wils not sympathetic to the point of immediate response," Mr Stans said. The U.S. Imported from Hongkong twice as much as it sold to the Colony, Mir Stans went on.
"But we are not bring- Ing U.S. Imports other than textiles into this discus-
sichn.
"The U.S. government.ie of the extent that Hongkong exports de- pend on textiles...