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MONDAY, APRIL 1, 1974

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IMPROVEMENT IN JAPANESE GENERALISED PREFERENCE

SCHEME WELCOMED

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A FURTHER REDUCTION IN THE LIST OF HONG KONG PRODUCTS

EXCLUDED FROM RECEIVING PREFERENTIAL TARIFF TREATMENT UNDER

JAPAN'S GENERALISED PREFERENCE SCHEME WAS WELCOMED TODAY BY

THE COMMERCE AND INDUSTRY DEPARTMENT.

THE EXCLUSION LIST'ORIGINALLY CONTAINED 96 ITEMS BUT THE

NUMBER WAS REDUCED TO 12 IN JUNE LAST YEAR. WITH EFFECT FROM

APRIL 1 ANOTHER SIX ITEMS WILL BE REMOVED FROM THE LIST.

THESE ARE STOCKINGS, WIGS, FANS, PRECIOUS AND SEMI-PRECIOUS

STONES, WORKED IVORY AND CERTAIN TYPES OF FOOTWEAR.

EXPORTS TO JAPAN OF THESE ITEMS LAST YEAR ACCOUNTED FOR

OVER 30 PER CENT OF OUR EXPORTS IN THE 12 CATEGORIES EXCLUDED

FROM THE PREFERENCE SCHEME.

THE ITEMS WHICH REMAIN ON THE EXCLUSION LIST ARE TRAVEL

GOODS, FOOTWEAR WITH LEATHER UPPERS, ARTIFICIAL' FLOWERS, GLASS

BEADS, IMITATION PEARLS, JEWELLERY ARTICLES OF PRECIOUS METAL,

IMITATION JEWELLERY AND TOYS.

+NATURALLY WE WOULD LIKE TO SEE THE REMOVAL OF THE REMAINING

ITEMS ON THE EXCLUSION LIST, WHICH APPLIES ONLY TO HONG KONG, +

COMMENTED MR. PETER TSAO, AN ASSISTANT DIRECTOR OF COMMERCE AND

INDUSTRY.

+WE WILL DO EVERYTHING WE CAN TO ACHIEVE THIS, AND TO PUT

HONG KONG ON AN EQUAL FOOTING WITH THE OTHER COUNTRIES WHICH

ENJOY PREFERENCES IN THE JAPANESE MARKET. + ··

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