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THURSDAY, MAY 18, 1989
HOWEVER,
HE
CALLED
ON
THE
TO BECOME
NOT COMMUNITY POLICY AND PUT UP MORE PROTECTIONIST TRADE BARRIERS AGAINST IMPORTS FROM OUTSIDE THE COMMUNITY AFTER 1992.
INWARD-LOOKING IN ITS TRADE
HUGE SINGLE MARKET OF 320 MILLION
ЧЕРЕ BOTH
AND ELSEWHERE
THAT
THE STATES
WITH THE CREATION OF A PEOPLE, THERE IS SOME CONCERN COMMUNITY MIGHT BECOME MORE INTERESTED IN TRADE AMONGST MEMBER THAN THE REST OF THE WORLD.
APPROACH REGIONAL
COULD ERODE
THE
PRINCIPLES
OF
ENSHRINED IN TI.
KONG AND
"THIS MOST-FAVOURED-NATION TREATMENT AND MULTILATERALISM GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT) TO WHICH HONG NORDIC COUNTRIES SUBSCRIBE AND ON WHICH WE RELY," MR CHAN SAID.
BELIEVED THAT ONLY HE REITERATED THAT HONG KONG STRONGLY ...LDING THE MULTILATERAL TRADING SYSTEM. RATHER THAN "TRADING
THE COULD ARRANGEMENTS, DISCRIMINATORY BILATERAL
TFIT FROM THE EXPANSION OF INTERNATIONAL TRADE.
BLOC WHOLE WORLD
PRESSURE FROM EUROPEAN AROUND FOR NEW
TURNING TO THE POSSIBLE PROTECTIONIST INDUSTRIES, MR CHAN FELT SOME SECTORS SEEMED TO LOOK BARRIERS TO IMPORTS AND HE CONDEMNED THE RECENT SPATE OF ANTI-DUMPING CASES AFFECTING IMPORTS FROM HONG KONG.
WAS
ALSO
CONCERNED
ABOUT
THE EUROPEAN EXPECT ΤΟ TAKE
HE SAID HONG KONG COMMISSION'S WARNING THAT THIRD COUNTRIES COULD NOT ADVANTAGE OF THE SINGLE MARKET WITHOUT "RECIPROCITY".
BUT, MR CHAN SAID, HONG KONG HAD ALREADY PAID ALL THAT IT WITHOUT GOT, BEING ONE OF THE WORLD'S FREEST TRADING COMMUNITIES TARIFF OR NON-TARIFF BARRIERS TO TRADE.
HAD
ANY
FOR ITS EARLIER IN HIS SPEECH, MR CHAN PAID TRIBUTE TO SWEDEN
ALL RESTRICTIONS ON TEXTILES IMPORTS LAUDABLE DECISION TO ABOLISH WHEN THE MULTI-FIBRE ARRANGEMENT (MFA) RUNS OUT ON JULY 31, 1991.
HE ALSO WELCOMED THE NORWEGIAN
GOVERNMENT'S
INTENTION TO
FOLLOW SUIT.
LIKELY TO CAUSE SOME HE PREDICTED THAT THIS DEVELOPMENT WAS
ITS NORDIC PARTNERS, BUT PROBLEMS FOR FINLAND'S TEXTILE EXPORTS TO
PROBLEMS HONG KONG TRUSTED THAT FINLAND WOULD NOT TRY TO TACKLE THOSE BY INCREASING THE PROTECTION OF ITS DOMESTIC MARKET.
TO TAKE STEPS LASTLY, HE CALLED ON OTHER IMPORTING COUNTRIES
IT WOULD BENEFIT DOMESTIC ECONOMIES FOWARDS LIBERALISATION AS THESE COUNTRIES BY ENGENDERING MORE RATIONAL AND EFFICIENT OF PRODUCTION RESOURCES.
OF
ALLOCATION
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