9
WEDNESDAY, DECEMBER 30, 1992
CANADA LOWERS TEXTILE TARIFFS
WILL CANADIAN TEXTILE TARIFFS
BE REDUCED WITH EFFECT FROM IT WAS ANNOUNCED FRIDAY (JANUARY 1).
A IN
COMMERCIAL INFORMATION CIRCULAR PUBLISHED BY THE TRADE DEPARTMENT TODAY (WEDNESDAY).
OF
1.5
PERCENTAGE
THE REDUCTIONS WILL BE PHASED IN AT A RATE POINTS A YEAR, BEGINNING JANUARY 1.
LOWER TARIFFS ON CENT, 10
ONCE FULLY IMPLEMENTED, THE REDUCTIONS WILL TEXTILE FIBRES, YARNS AND FABRICS TO MAXIMUM RATES OF 5 PER PER CENT AND 16 PER CENT RESPECTIVELY.
RATES
THESE ON
AT PRESENT, CANADIAN TEXTILE TARIFF ARE 8 PER CENT, 13 PER CENT AND FROM 18 TO 25 PER CENT.
IN
PRODUCTS
"THIS REDUCTION WILL BRING THE CANADIAN TEXTILE TARIFFS MORE INTO LINE WITH TEXTILE TARIFFS
OTHER INDUSTRIALISED ECONOMIES, PARTICULARLY THE UNITED STATES, A TRADE DEPARTMENT SPOKESMAN SAID.
GOVERNMENT EXPECTS THAT THE REDUCTIONS WILL
MAKING CANADA'S APPAREL AND BENEFIT THE CANADIAN ECONOMY BY
OTHER TEXTILE-USING INDUSTRIES MORE COMPETITIVE.
"THE CANADIAN
"IT WILL ALSO BENEFIT CANADIAN CONSUMERS BY LOWERING CLOTHING AND OTHER FINISHED PRODUCTS, THE SPOKESMAN ADDED.
וי
TARIFF
COSTS OF
REDUCTION PHASING-IN RELEASE ISSUED BY THE CANADIAN
DETAILED TARIFF ITEM NUMBERS AND
A NEWS SCHEDULE ARE CONTAINED IN AUTHORITIES.
INTERESTED PARTIES MAY CONTACT THE NORTH AMERICA (COMMERCIAL RELATIONS) BRANCH OF TRADE DEPARTMENT ON 398 5403 FOR INFORMATION.
0
P
NEW CHAIRMAN OF SOCIAL WELFARE ADVISORY COMMITTEE APPOINTED
THE GOVERNOR HAS APPOINTED MR ERIC LI KA-CHEUNG AS CHAIRMAN
{SWAC) FOR A PERIOD OF THE SOCIAL WELFARE ADVISORY COMMITTEE YEARS EFFECTIVE FROM DECEMBER 1.
OF
TWO
BEEN APPOINTED TO SWAC. IN ADDITION, THREE NEW MEMBERS HAVE
MR STEPHEN THEY ARE DR YEUNG SUM, MRS CATHY CHUANG FONG SHUE-FAI AND NG CH! WING,
YIN-FAT,
NG MUNG-CHAN, MR PAUL ELSIE LEUNG 01-SEE, PUI-LEUNG AND DR WONG
TEN INCUMBENT MEMBERS HAVE BEEN REAPPOINTED: MR
KUT-CHUN, MR LY WAH-MING, DR AGNES DR LAM YOUNG TZE-KONG, MR LINCOLN SOO HENG-LEUNG, MISS MRS CHONG WONG CHOR-SAR, PROFESSOR RANCE LEE HOL-KWOK.
/THE TERMS
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