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MONDAY, JULY 21, 1975
SUSPENSION OF LICENSING OF TEXTILE- EXPORTS TO EEC PARTIALLY LIFTED
LAST FRIDAY'S SUSPENSION OF LICENSING FOR EXPORTS OF TEXTILE PRODUCTS TO THE COMMON MARKETS HAS BEEN PARTIALLY LIFTED FOLLOWING THE AGREEMENT REACHED OVER THE WEEK-END BETWEEN HONG KONG AND THE EUROPEAN ECONOMIC COMMUNITY ON EXPORTS OF CERTAIN COTTON, WOOLLEN AND MAN-MADE FIBRE TEXTILES TO THE COMMUNITY.
ANNOUCING THIS TODAY, THE ACTING DIRECTOR OF COMMERCE AND INDUSTRY, MR. JIMMY MCGREGOR, SAID THAT HIS DEPARTMENT WOULD RESUME, WITH IMMEDIATE EFFECT, NORMAL LICENSING PROCEDURES IN RESPECT OF ALL TEXTILE ITEMS NOT UNDER RESTRAINT.
THE SUSPENSION OF LICENSING FOR TEXTILE PRODUCTS FOR TRANSHIPPMENT, RE-EXPORT AND FOR ITEMS REQUIRING EXPORT AUTHORISATIONS UNDER THE NEW AGREEMENT HAS ALSO BEEN LIFTED WITH IMMEDIATE EFFECT.
RESUMPTION OF LICENSING FOR ITEMS UNDER RESTRAINT WILL, HOWEVER, TAKE A LITTLE LONGER BECAUSE OF THE NEED TO RE-CALCULATE THE ALLOCATION OF QUOTAS AS A RESULT OF THE NEW AGREEMENT.
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THE NEW AGREEMENT REPLACES THE UNILATERAL ARRANGEMENT WHICH WAS INTRODUCED BY HONG KONG IN FEBRUARY THIS YEAR. ALL QUOTAS ISSUED AND CONTROL ARRANGEMENTS UNDER THE UNILATERAL. ARRANGEMENTS HAVE NOW LAPSED, AND DETAILS OF THE NEW CONTROL ARRANGEMENTS WILL BE ANNOUNCED SHORTLY IN THE DEPARTMENT'S NOTICES TO EXPORTERS.
ITEMS UNDER QUOTA CONTROL IN THE NEW AGREEMENT INCLUDE GARMENTS, FABRICS AND HOUSEHOLD LINENS,
MR. MCGREGOR SAID THAT FULL DETAILS OF THESE AND OTHER ITEMS ARE BEING CONVEYED TO EXPORTERS IN THE DEPARTMENT'S NOTICES WHICH ARE BEING ISSUED FROM TODAY.
MEANWHILE