FRIDAY, NOVEMBER 1, 1991

APART FROM MEETING THE ANTICIPATED HIGH DEMAND FOR TELEPHONE SERVICES FROM THE NEW AIRPORT-RELATED DEVELOPMENTS ON LANTAU, THE CABLE LINK WILL PERMIT THE COMPANY TO EXPAND AND UPGRADE ITS SERVICES TO THE GRADUALLY INCREASING POPULATION ON THE ISLAND AND PENG CHAU.

THE EXTENT OF THE AREAS AFFECTED BY DESCRIBED IN SEPARATE NOTICES PUBLISHED IN THE

THE TWO PROJECTS WAS GAZETTE TODAY (FRIDAY).

ANY PERSON WHO CONSIDERS THAT HE HAS AN INTEREST, RIGHT OR EASEMENT IN OR OVER THE FORESHORE AND SEABED INVOLVED MAY SUBMIT A WRITTEN CLAIM FOR COMPENSATION (FOR THE RECLAMATION PROJECT} OR A WRITTEN OBJECTION (FOR THE CABLE LINK PROJECT) то THE DIRECTOR OP BUILDINGS AND LANDS ON OR BEFORE OCTOBER 31 NEXT YEAR AND DECEMBER 31 THIS YEAR RESPECTIVELY.

AT

THE NOTICES TOGETHER WITH THEIR RELATED PLANS CAN BE SEEN THE BUILDINGS AND LANDS DEPARTMENT SURVEY AND MAPPING OFFICE, 14TH FLOOR, MURRAY BUILDING, GARDEN ROAD, HONG KONG (WHERE COPIES CAN BE PURCHASED ON ORDER), AND AT THE ISLANDS DISTRICT OFFICE AND ITS RESPECTIVE SUB-OFFICES.

GREATER TEXTILE EXPORT QUOTA FLEXIBILITIES NEXT YEAR

* * * * * *

USE

GARMENTS DIRECTOR-GENERAL

ΤΟ

THE EUROPEAN

OF

TRADE,

MR

HONG KONG EXPORTERS WILL HAVE GREATER FLEXIBILITIES IN THE OF QUOTA FOR EXPORT OF TEXTILES AND COMMUNITY NEXT ALAN LAI SAID TODAY (FRIDAY).

YEAR,

THE DEPUTY

THE RATE

INTER-REGIONAL

THE THE TRADE DEPARTMENT HAS RECEIVED FORMAL NOTIFICATION FROM EUR EUROPEAN COMMISSION THAT

FOR

TRANSFER OF OF EIGHT QUOTA FOR NEXT YEAR WILL BE INCREASED FROM THE CURRENT RATE PER CENT TO 40 PER CENT.

TEXTILES

MR LAI EXPLAINED THAT UNDER THE HONG KONG/EEC AGREEMENT, THE RESTRAINT LIMITS IN RESPECT OF DIFFERENT CATEGORIES PRODUCTS FOR HONG KONG'S EXPORT ARE BROKEN DOWN INTO SHARES FOR OF THE COMMUNITY'S REGIONS.

INTER-REGIONAL

OF

EACH

TRANSFER OF

QUOTA IS ALLOWED UNDER THE THIS YEAR, AGREEMENT.

REGIONAL QUOTA IN

BE A CATEGORY MAY

PER CENT OF THE TRANSFERRED FROM ONE REGION TO ANOTHER UP TO EIGHT

LIMIT RESTRAINT

OF THE TRANSFER-IN REGION. THE COMMISSION'S PER CENT LATEST PROPOSAL IS TO INCREASE THE TRANSFER RATE FROM EIGHT TO 40 PER CENT.

"THE COMMISSION'S PROPOSAL DOES NOT ENLARGE HONG TEXTILES AGREEMENT BUT ACCESS RIGHT UNDER THE AK/EEC HONG KONG EXPORTERS WITH ADDED FLEXIBILITIES.

KONG'S TOTAL WILL PROVIDE

HOPE EUROPEAN

THAT REGIONAL SINGLE

MARKET

"WE WELCOME THE COMMISSION'S PROPOSAL AND

WILL SHARES

DISAPPEAR IN 1993 WHEN THE PROGRAMME IS IMPLEMENTED, MR LAI ADDED.

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