THURSDAY, JUNE 29,

1989

IN IMPLEMENTING INFLUENCE OF

"BUT THE EXTENT TO WHICH WE CAN BE SUCCESSFUL THE WHITE PAPER PROGRAMMES WILL DEPEND VERY MUCH ON THE OPINION LEADERS AND DECISION MAKERS IN THE COMMUNITY.

H HE SAID.

LEADERS AND DECISION CONTRIBUTION TO ENSURING

DR REED CONCLUDED BY CALLING ON OPINION MAKERS, WHO HE SAID WERE ALREADY MAKING A TREMENDOUS OUR ECONOMIC PROSPERITY AND STABILITY, TO CONTRIBUTE ALSO TO THE ENVIRONMENTAL VIABILITY OF THE TERRITORY, BOTH FUTURE.

NOW AND FOR THE

URUGUAY ROUND IMPORTANT INITIATIVE IN TRADE

HONG KONG REGARDS THE URUGUAY ROUND OF THE GATT MULTILATERAL TRADE NEGOTIATIONS AS AN IMPORTANT GLOBAL INITIATIVE ΤΟ REVITALISE THE MULTILATERAL TRADING SYSTEM, THE SECRETARY FOR TRADE AND INDUSTRY, MR JOHN CHAN, SAID THIS (THURSDAY) EVENING.

AS

SPEAKING AT THE ANNUAL GENERAL MEETING OF THE CHINESE EXECUTIVE CLUB, MR CHAN SAID HONG KONG SUPPORTED THE URUGUAY ROUND A MAJOR INITIATIVE TO HALT PROTECTIONIST MEASURES AND TO LIBERALISE TRADE.

**THE URUGUAY ROUND NEGOTIATIONS HOLD THE KEY то FURTHER LIBERALISATION OF WORLD TRADE AND THE REINS TO HALT A GLOBAL DRIFT TOWARDS UNILATERALISM AND BILATERALISM,' HE SAID.

"THE PROGRESS AND THE OUTCOME OF THE NEGOTIATIONS 15 ALSO A MATTER OF GREAT CONCERN TO BUSINESSMEN WORLDWIDE, HE ADDED.

MULTILATERAL PLURILATERAL

MR CHAN SAID THE NEGOTIATIONS WOULD BE CRITICAL IN DECIDING WHETHER THE WORLD TRADING SYSTEM WOULD REMAIN OPEN AND OR FRAGMENT INTO TRADING BLOCS BASED ON BILATERAL OR FREE TRADE AGREEMENTS AND CUSTOMS UNIONS, A DEVELOPMENT HAVE FAR-REACHING IMPLICATIONS FOR THE WORLD, NOT ONLY BUT ALSO POLITICALLY.

WHICH COULD

ECONOMICALLY

THE

URUGUAY

LAUNCHING

ROUND

OF

HE SAID HONG KONG'S ACTIVE PARTICIPATION IN THE

FOR COULD BE TRACED BACK TO THE PREPARATORY STAGE THE URUGUAY ROUND.

"SINCE THEN, OUR NEGOTIATORS IN GENEVA HAVE BEEN WORKING

DEVELOPING PARTICIPANTS,

TOGETHER WITH LIKE-MINDED DEVELOPED AND PURSUE PROPOSALS ON A NUMBER OF IMPORTANT SUBJECTS TO ENSURE THAT TRADING INTERESTS WOULD NOT BE JEOPARDISED.

TO

OUR

PLAYED THE ROLE OF A BRIDGE DEVELOPED COUNTRIES AND DEVELOPING

KONG "AT THE SAME TIME, HONG

GAPS BETWEEN THE

CLOSING THE COUNTRIES.

"WE SHOULD

Share This Page