MONDAY, NOVEMBER 12, 1990
HE SAID THE NEGOTIATING GROUP FOR THIS TOPIC WAS TASKED TO SEEK AGREEMENT ON A MODALITY TO PHASE OUT DISCRIMINATORY RESTRAINTS UNDER THE MULTI-FIBRE ARRANGEMENT.
"THESE RESTRICTIONS ARE A DEPARTURE FROM GATT PRINCIPLES AND HAVE LIMITED AND DISTORTED WORLD TRADE IN TEXTILES AND CLOTHING SINCE 1974.
"HONG KONG SUPPORTS THE INTEGRATION OF THE TEXTILES AND CLOTHING SECTOR INTO THE GATT BY MEANS OF AN MFA-BASED TRANSITIONAL ARRANGEMENT. INDEED, THIS IS THE VIEW OF THE MAJORITY OF PARTICIPANTS," HE SAID.
NEARLY 300 MANUFACTURERS FROM 25 COUNTRIES AND TERRITORIES ARE TAKING PART IN THE THREE-DAY EXHIBITION.
EXTERNAL TRADE STATISTICS FOR SEPTEMBER RELEASED
TOTAL MERCHANDISE TRADE IN SEPTEMBER 1990, AT $108,476 MILLION,
WITH BY 12 PER CENT IN VALUE TERMS AS COMPARED GREW
SEPTEMBER 1989,
TO THE DETAILED ACCORDING
FIGURES ON THE VALUE OF
IN RELEASED TODAY (MONDAY) BY THE CENSUS SEPTEMBER 1990 DEPARTMENT.
AND
TRADE STATISTICS
OF
OVER THE SAMB PERIOD OF COMPARISON, THE VALUE
DOMESTIC EXPORTS, AT $19,525 MILLION, SHOWED VIRTUALLY NO CHANGE, WHILE THAT OF RE-EXPORTS ROSE BY 15 PER CENT TO $35,100 MILLION.
THE VALUE OF TOTAL EXPORTS INCREASED BY 9 PER CENT TO $54,625
THE VALUE OF IMPORTS INCREASED BY 15 PER CENT
MILLION. MILLION.
ΤΟ
$53,852
JANUARY
то
OF
OF VALUE THE
TOTAL MERCHANDISE TRADE IN AT $910, 162 MILLION, INCREASED BY 8 PER SEPTEMBER 1990,
CENT AS
WITH COMPARED
THE SAME PERIOD IN 1989. OVER THE SAME PERIOD COMPARISON, THE VALUE OF DOMESTIC EXPORTS DECREASED BY 1 PER CENT $161,600 MILLION, WHILE THAT OF RE-EXPORTS INCREASED BY 15 PER CENT TO $292,694 MILLION.
TO
THUS, THE
$454,294 MILLION.
VALUE OF TOTAL EXPORTS INCREASED BY 8 PER THE VALUE OF IMPORTS INCREASED BY 8 PER
CENT CENT
то
TO
$455,869 MILLION.
THE CHANGES IN THE VALUE OF DOMESTIC EXPORTS MARKETS ARE SHOWN IN TABLE 1.
10 то
MAJOR
/COMPARING SEPTEMBER