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RENEGOTIATION OF THE MULTI-FIBRE ARRANGEMENT
14.
We are aware of the importance of trade in textiles and
clothing for Hong Kong's economy. The Territory has always
been efficient in implementing the Bilateral Agreement with
the European Community concluded under the Multi-Fibre
Arrangement. It is, however, too early to speculate on its
future. Hong Kong's case will be carefully considered together
with those of all other interested parties.
ROYAL BANK OF SCOTLAND
15.
The bids of both the Standard Chartered and Hongkong and
Shanghai Banks have been referred to the Monopolies and
Mergers Commission.
me to comment.
It would not therefore be appropriate for
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