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ON
Tuesday, November 20, 1973
EXPORT OF COTTON YARNS AND FABRICS TO THE UNITED STATES
The Director of Commerce and Industry, Mr. D.H. Jordan, today
announced the implementation of an export authorization scheme for exports
to the United States of cotton yarns and fabrics outside the normal quota
control arrangements.
Mr. Jordan said: "The American Government has offered Hong Kong
and other countries with which the United States has bilateral cotton
textile agreements, import into the United States outside quota of cotton
yarns and fabrics of an amount equal to five per cent of the aggregate
level of the US/Hong Kong cotton textile agreement. This amounts to
about 26 million square yards.
"Export under this offer can be in any or more categories in the
cotton yarn and fabric group," he said.
Full details of the export authorization scheme are set out in a
Notice to Exporters: Series 2 (U.S.A.) No. 30/73 which was issued today.
Trade associations and companies on the Commerce and Industry
Department's mailing list for Notice to Exporters: Series 2 will receive
copies of the relevant Notice shortly.
Anyone wishing to seek further information is invited to contact
the following officers of the Commerce and Industry Department:-
Miss C.M.Y. Chung
-
Assistant Trade Officer
Tel. No. 5-257791
Mr. Y.K. Tong
1
Industry Assistant
Tel. No. 5–239625
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