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TUESDAY, AUGUST 21, 1984

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+1 REGARD THIS AS SLIGHTLY ALARMING AS THE CUSHIONING PROVIDED BY PRIVATE SPONSORSHIP IS SO VERY THIN.

+ALL IS NOT GLOOMY, HOWEVER, FOR IN RECENT YEARS, MORE AND MORE COMPANIES BASED IN HONG KONG HAVE BEGUN TO TAKE AN INTEREST IN SPONSORSHIP NOT JUST IN THE ARTS BUT IN A RANGE OF ACTIVITIES WHICH BEST FIT THE IMAGE WHICH THE COMPANY WISHES TO PROJECT.

+SOME BUSINESSMEN WILL NEVERTHELESS NEED CONVINCING THAT SPONSORSHIP IS NOT ONLY OF BENEFIT TO THE RECIPIENT BUT ALSO TO HIS COMPANY. BUT FOR MANY BUSINESSMEN THE SUPPORT OF A WIDE RANGE OF ARTISTIC PERFORMANCES IS ITS OWN REWARD AND MANY WOULD ASK FOR NOTHING MORE, HE SAID.

MR OXLEY EXPRESSED THE HOPE THAT MORE COMPANIES WOULD SPONSOR ARTISTIC VENTURES.

TEXTILES TALKS USEFUL BUT INCONCLUSIVE

MACLEOD

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A HONG KONG TRADE DELEGATION YESTERDAY (MONDAY) MET WITH THE UNITED STATES OFFICIALS TO DISCUSS PROBLEMS ARISING FROM THE RECENTLY PUBLISHED PROPOSED AMERICAN TEXTILE IMPORT REGULATIONS.

MR HAMISH MACLEOD, DIRECTOR OF TRADE AND LEADER OF THE HONG KONG DELEGATION, SAID THAT THE SESSION HAD BEEN USEFUL BUT INCONCLUSIVE AND THAT THE TALKS WOULD RESUME TODAY (TUESDAY) WHEN A US RESPONSE TO SOME OF THE POINTS RAISED BY HONG KONG WAS EXPECTED.

+ IT WOULD NOT BE PROPER AT THIS STAGE FOR ME TO COMMENT ON THE SUBSTANCE OF THE TALKS, OTHER THAN TO SAY THAT HONG KONG'S CONCERNS HAVE BEEN MADE VERY CLEAR.

+THERE CAN BE NO DOUBT ABOUT OUR POSITION THAT THE PROPOSED REGULATIONS VIOLATE THE MULTI-FIBRE ARRANGEMENT AND OUR BILATERAL TEXTILES AGREEMENT WITH THE UNITED STATES, AND THAT THE REGULATIONS SHOULD BE RESCINDED, HE SAID.

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