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SATURDAY, AUGUST 2, 1986

+WE ARE PARTICULARLY PLEASED THAT WE OBTAINED EXPLICIT RECOGNITION OF THE IMPORTANCE TO SO-CALLED PREDOMINANT SUPPLIERS OF STABILITY IN THE TEXTILE TRADE, AND THE NEED TO ENSURE STABILITY AND CERTAINTY THROUGHOUT THE FULL LIFE OF THEIR BILATERAL AGREEMENTS.

+WHILE THE MFA OF COURSE REMAINS AN ESSENTIALLY PROTECTIONIST AND DISCRIMINATORY DEVICE, THERE ARE NO SIGNIFICANT NEW RULES WHICH WOULD MAKE MATTERS WORSE FOR US (THOUGH SOME EXISTING RULES IN FAVOUR OF IMPORTERS ARE PERPETUATED), AND FOR THAT WE MUST BE QUIETLY THANKFUL. +

MR MACLEOD SAID THAT THE DANGERS POSED BY THE FORTHCOMING JENKINS BILL VETO OVER-RIDE VOTE WAS A FACTOR IN MANY MINDS DURING THE TALKS, AND THE VOTE WAS THE NEXT TEST HONG KONG HAD TO FACE.

THE FACT THAT THE U.S. ADMINISTRATION HAD SUCCEEDED IN GETTING AN EXTENSION OF THE MFA FOR FIVE YEARS, AND HAD BEEN AUTHORISED TO RESTRAIN SILK BLENDS AND VEGETABLE FIBRE BLENDS, SHOULD ASSIST THEM IN RESISTING PROTECTIONIST PRESSURES.

NOTE TO EDITORS:

MR MACLEOD WILL RETURN TO HONG KONG TOMORROW (SUNDAY) AT 12.35 PM ON FLIGHT LUFTHANSA 672. A PRESS FACILITY HAS BEEN ARRANGED AND MEDIA REPRESENTATIVES ARE REQUESTED TO ASSEMBLE AT THE PRESS ROOM IN THE ARRIVALS HALL AT NOON.

SEAWALL INCLUDED IN SAM KA TSUEN DEVELOPMENT

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ENGINEERING WORKS. INCLUDING THE CONSTRUCTION OF A SEAWALL AT THE SAM KA TSUEN TYPHOON SHELTER, ARE DUE TO BEGIN IN OCTOBER.

THE 150-METRE PITCHED SLOPE SEAWALL IS PART OF STAGE FOUR DEVELOPMENT OF SAM KA TSUEN, NORTH OF LEI YUE MUN.

OTHER WORKS IN THE PROJECT INCLUDE CONSTRUCTION OF A 170-METRE- LONG TWIN-CELL BOX CULVERT, 140 METRES OF FLEXIBLE CARRIAGEWAYS AND RECLAMATION OF 1.7 HECTARES OF FORESHORE AND SEABED.

THE AREA

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