11
THURSDAY, APRIL 15, 1993
INTERNATIONAL DRUG SYNDICATE BROKEN
WAS
A HONG KONG-BASED INTERNATIONAL DRUG TRAFFICKING SYNDICATE
AFTER A YEAR-LONG JOINT INVESTIGATION BY HONG KONG AND U.S.
SMASHED CUSTOMS.
IT IS BELIEVED THAT THE SYNDICATE HAS BEEN SMUGGLING HEROIN FROM HONG KONG TO THE U.S. BY AIR PARCELS FOR MORE THAN A YEAR.
TWO MEN AND TWO WOMEN WERE ARRESTED IN THE U.S. IN CONNECTION WITH 1.75 KG OF NO.4 HEROIN SEIZED IN NEW YORK.
THE NO. 4 HEROIN IS ESTIMATED TO FETCH A STREET VALUE OF ABOUT US$1.75 MILLION (HK$13.65 MILLION) IN THE U.S.
IN HONG KONG, FIVE MEN AND EIGHT WOMEN HAVE BEEN DETAINED CUSTOMS OFFICERS FOR ENQUIRIES.
BY
OF THEM, TWO MEN WILL APPEAR IN EASTERN MAGISTRACY TOMORROW ON EXTRADITION HEARING. THEY ARE A 32-YEAR-OLD MAN WHO CLAIMED TO BE A HAIR STYLIST AND A 19-YEAR-OLD MAN WHO CLAIMED TO BE A PHOTOGRAPHER.
THE OTHERS HAVE BEEN RELEASED AFTER QUESTIONING.
GOVERNMENT/INDUSTRY PARTNERSHIP BENEFITS WHOLE COMMUNITY
F
SAID THE HONG KONG HAD INCENTIVES, THE SO QUICKLY AND
THE SECRETARY FOR TRADE AND INDUSTRY MR T H CHAU, PARTNERSHIP BETWEEN GOVERNMENT AND INDUSTRY IN ENCOURAGED INDUSTRY TO ADVANCE AND HAD PROVIDED THE INFRASTRUCTURE AND THE INFORMATION TO HELP IT DO EFFICIENTLY,
SPEAKING AT A LUNCHEON MEETING OF THE HONG KONG EXPORTERS' ASSOCIATION THIS (THURSDAY) AFTERNOON, MR CHAU SAID INDUSTRY HAD RESPONDED BY DEVELOPING NEW MARKETS, IMPROVING OLD ONES, AND ABOVE ALL,
BY MOVING AWAY FROM LOW VALUE BUSINESS INTO HIGH QUALITY, HIGH VALUE INDUSTRIAL PRODUCTION AND SERVICES THAT RESPONDED TO REGIONAL AND WORLD DEMANDS.
"I BELIEVE THAT THE PARTNERSHIP BETWEEN INDUSTRY AND GOVERNMENT HERE IN HONG KNG HAS BEEN DYNAMIC, EFFECTIVE AND BENEFICIAL WHOLE COMMUNITY, MR CHAU STRESSED.
TO
THE
HE POINTED OUT THAT THE PARTNERSHIP BASED NOT UPON GRAND IDEAS AND HOPES, BUT UPON A REALISTIC APPRECIATION OF HONG KONG'S SITUATION, ITS OPPORTUNITIES AND LIMITATIONS AND A REALISTIC APPRECIATION OF THE RESPECTIVE ROLES OF GOVERNMENT AND INDUSTRY NEEDED TO TAKE ADVANTAGE OF THE SITUATION.
AMPLIFYING THE ELEMENTS OF THAT PARTNERSHIP,
MR CHAU SAID: "HONG KONG'S SITUATION IS THAT WE HAVE NO NATURAL RESOURCES. WE HOLD NO MONOPOLIES ON ANY PARTICULAR PRODUCTS OR TECHNOLOGIES. WE HAVE A LIMITED WORKFORCE. WE ARE A SMALL PLACE, WITH NO SIGNIFICANT LOCAL MARKET FOR OUR MANUFACTURES.
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