FRIDAY, DECEMBER 5, 1980
ILLUSTRATING THE CONTROL SYSTEM, MR DORWARD SAID ONE MUST ASSUME THAT GENERALLY THE FACT OF RESTRAINTS ON TRADE MEANS THAT DEMAND WILL EXCEED THE LIMITED SUPPLY. THE CONSEQUENCE IS THAT THE PRICE WILL RISE AND THE CONSUMER WILL PAY. BUT WHO WILL BENEF IT?+ HE ASKED.
*WITH EXPORT CONTROL THE SELLER WILL. WITH IMPORT CONTROL THE BENEFIT IS TO THE BUYER. THE DIFFERENCE IS THAT CONTENTIOUS CONCEPT, THE 'QUOTA PREMIUM' A TERM WHICH GENERATES MORE HEAT THAN LIGHT, EVEN AMONG PEOPLE WHO SHOULD KNOW BETTER.
+SURELY IT IS OBVIOUS, AND SURELY THE MOST STRIDENT CRITIC OF OUR SYSTEM WOULD NOT DENY THE FACT, THAT IT IS VERY MUCH TO THE INTERESTS OF HONG KONG THAT THE QUOTA PREMIUM, THE MARGIN BY WHICH THE ARTIFICIAL RESTRAINTS ON TRADE PUSH UP THE PRICE, SHOULD STAY HERE. AND ONE WAY TO ENSURE THAT IS TO RUN A TIGHT SYSTEM OF CONTROL, + MR DORWARD STRESSED.
SPEAKING ON THE COMMERCIAL ADVANTAGE HONG KONG RECEIVED UNDER VARIOUS GENERAL ISED SCHEMES OF PREFERENCES OPERATED BY THE DEVELOPED COUNTRIES, MA DORWARD CAUTIONED AS IN THE CASE OF TEXTILE QUOTAS, THE REAL INCENTIVE TO OPERATING A TIGHT AND EFFECTIVE SCHEME IS THE VERY REAL THREAT TO CONTINUED ENJOYMENT OF THESE BENEFITS IF THE CONTROL IS SEEN TO BE INEFFICIENT.
+RECENTLY, WE HAVE SEEN A NEW DIMENSION COME INTO THIS SITUATION. THE DEVELOPMENT OF VARIOUS MANUFACTUR ING ARRANGEMENTS WITH CHINA, A WHOLLY WELCOME, LEGITIMATE AND DESIRABLE DEVELOPMENT, HAS MADE IT NECESSARY TO KEEP UNDER ACTIVE REVIEW THE MEANS BY WHICH OR IG IN CAN BE ACCURATELY IDENTIFIED IN THESE CHANGED CIRCUMSTANCES, HE SAID.
+THERE IS NOT, AND HAS NOT BEEN, A SIGNIFICANT ABUSE OF OR IG IN MARKING IN THIS SITUATION. THE DISPROPORTIONATE AMOUNT OF HEAT GENERATED BY MINOR CASES, HOWEVER, UNDERLINES THE NEED TO SEEK TO BE SEEN TO BE ABOVE RÉPROACH.
I KNOW THIS VIEW IS SHARED BY THOSE CHINESE OFFICIALS WITH WHOM WE HAVE DISCUSSED THE MATTER,+ MR DORWARD STRESSED.
MR DORWARD DISCLOSED THAT THE DEPARTMENT IS PLANNING, DURING THE NEXT COUPLE OF MONTHS, TO ASSIST FURTHER THOSE INVOLVED IN THE BUSINESS OF ORIGIN CERTIFICATION.
+FIRST WE SHALL BRING IN A SYSTEM OF DOCUMENTATION TO COVER GOODS EXPORTED AND SUBSEQUENTLY RE-IMPORTED AFTER PROCESSING OR ASSEMBLING. THIS WILL BE BASED UPON THE SO-CALLED 'OUTWARD PROCESSING ARRANGEMENTS WHICH ARE OPERATED BY THE EUROPEAN ECONOMIC COMMUNITY.
+THE SYSTEM WILL BE FULLY EXPLAINED IN A COMPREHENSIVE AND BILINGUAL GUIDE TO OUR ORIGIN RULES WHICH IS CURRENTLY UNDER PREPARATION, THIS BOOKLET WILL BE MADE AVAILABLE TO THE PUBLIC BEFORE THE NEW SYSTEM IS PUT INTO EFFECT. THIS WE ANTICIPATE WILL BE SOME TIME IN FEBRUARY OF NEXT YEAR, WHEN THE NEW CUSTOMS EXAMINATION FACILITIES ARE COMPLETED AT THE MAN KAM TO BORDER CROSSING.
/+I WOULD