THURSDAY, AUGUST 9, 1984

+THE GROUP CALLED ON THE UNITED STATES AUTHORITIES TO RESIST THE COUNTERVAILING DUTY PETITIONS; TO WITHHOLD IMPLEMENTATION OF THE COUNTRY OF ORIGIN REGULATIONS AND TO AFFORD ADEQUATE OPPORTUNITY FOR PRIOR BILATERAL CONSULTATIONS WITH AFFECTED TRADING PARTNERS WITH A VIEW TO SEEKING SATISFACTORY SOLUTIONS TO SUCH PROBLEMS AS

GHT EXIST.

+IN THE MEANTIME, AND BECAUSE OF THE IMMINENCE OF THESE MEASURES AND THEIR POTENTI ALLY DEVASTATING EFFECT ON LEGITIMATE TRADE, THE GROUP HAS CALLED FOR A SPECIAL MEETING OF THE GATT TEXTILES COMMITTEE TO EXAMINE THESE MEASURES NO LATER THAN THE FIRST WEEK OF SEPTEMBER 1984.

+

THE STATEMENT FOCUSES ON TWO ACTIONS WITHIN THE UNITED STATES: THE FIRST ACTION CONCERNS PETITIONS MADE AGAINST THE IMPORT INTO THE UNITED STATES FROM TWELVE DEVELOPING COUNTRIES (NOT INCLUDING HONG KONG) OF A WIDE RANGE OF TEXTILE GOODS: THE SECOND ACTION IS THE NEW REGULATIONS GOVERNING THE IMPORT OF TEXTILES INTO THE UNITED STATES AS HAS BEEN WIDELY REPORTED IN THE MEDIA RECENTLY.

COMMENTING ON THE DEVELOPMENT

A TRADE DEPARTMENT SPOKESM AN

SAID THAT IT WAS A WELCOME MOVE WHICH CLEARLY REFLECTED THE EXTENT OF THE IMPLICATIONS OF THE U.S. ACTIONS FOR MANY TERRITORIES. AS REGARDS THE NEW REGULATIONS, HONG KONG WAS CLEARLY NOT ALONE IN FINDING THEM OBJECTIONABLE AND A THREAT TO LEGITIMATE TRADE.

CRACKDOWN ON LAGGARD COMPANIES

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A MUCH TOUGHER APPROACH TO THE ENFORCEMENT OF THE COMPANIES ORDINANCE HAS SEEN A BIG JUMP IN THE NUMBER OF CONVICTIONS OBTAINED.

FROM JANUARY TO JULY LAST YEAR 13 CHARGES WERE LAID UNDER THE ORDINANCE WITH 13 CONVICTIONS. FOR THE SAME PERIOD THIS YEAR 106 CHARGES HAVE BEEN LAID, WITH 49 CONVICTIONS OBTAINED AND 57 CASES PENDING.

THE MORE ROBUST APPROACH TO ENFORCEMENT OF THE ORDINANCE IS TO CONTINUE, SAYS THE REGISTRAR GENERAL, MR NOEL GLEESON. THE NUMBER OF COMPANIES PROSECUTED FOR FAILING TO FILE ANNUAL RETURNS AND ACCOUNTS, AND OTHER OFFENCES, IS LIKELY TO GROW FOLLOWING A CHANGE IN PROCEDURES.

+THE COMPANIES REGISTRY HAS IN THE PAST PUBLISHED PRESS NOTICES REMINDING COMPANIES TO FILE ANNUAL RETURNS, INCLUDING THE BALANCE SHEET, AUDITED ACCOUNTS AND DIRECTORS' REPORT BEFORE DEADLINE, + SAID MR GLEESON,

/+HOWEVER, THIS

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