MONDAY, SEPTEMBER 6, 1993
SECOND REPRESENTATION ON 3.5 DISCS SUBMITTED TO EC
REPRESENTATION SEPTEMBER 2 AGAINST 3.5"
THE HONG KONG GOVERNMENT HAD SUBMITTED A SECOND ΤΟ THE COMMISSION OF THE EUROPEAN COMMUNITY ON
PROCEEDING ELABORATING FURTHER ON WHY THE ANTI-DUMPING MAGNETIC DISCS ORIGINATING IN HONG KONG SHOULD BE TERMINATED.
OUT
IN ITS SECOND REPRESENTATION, THE HONG KONG GOVERNMENT POINTED THAT THE COMMUNITY INDUSTRY HAD NOT SUPPLIED COMPLETE AND MEANINGFUL NON-CONFIDENTIAL ECONOMIC DATA ΤΟ ENABLE HONG KONG TO DEFEND ITS INTEREST.
FURTHERMORE, THE DATA SUPPLIED, EVEN INCOMPLETE AS THEY ARE, SHOWED POSITIVE GROWTH FOR THE COMMUNITY INDUSTRY IN AREAS SUCH AS EMPLOYMENT, PRODUCTION, PRODUCTION CAPACITY INSTALLED, CAPACITY UTILISATION AND SALES TURNOVER AND SO ON AND DID NOT SUPPORT THE CLAIM OF MATERIAL INJURY BY THE COMMUNITY INDUSTRY.
IN VIEW OF THE LACK OF SATISFACTORY RESPONSE FROM THE EUROPEAN COMMISSION TO THE FIRST REPRESENTATION, THE HONG KONG GOVERNMENT HAS CONTINUING DOUBT AS TO THE REPRESENTATIVENESS OF THE COMPLAINANTS AND WHETHER THERE IS SUFFICIENT EVIDENCE TO JUSTIFY THE INITIATION OF CURRENT PROCEEDING.
THE
"WE ARE DETERMINED TO PURSUE THE MATTER FURTHER WITH THE EUROPEAN COMMISSION TO ENSURE THAT HONG KONG COMPANIES ARE NOT BRING UNFAIRLY TREATED, " ASSISTANT DIRECTOR-GENERAL OF TRADE, MS MARIA KWAN SAID TODAY (MONDAY).
PURSUE IT 30
"APART FROM THESE BILATERAL REPRESENTATIONS, WE HAVE RAISED OUR CONCERN IN THE MULTILATERAL FORUM. WE WILL NOT HESITATE TO THE MATTER FURTHER BOTH BILATERALLY AND MULTILATERALLY IF WARRANTS, MS KWAN ADDED.
THE PROCEEDING AGAINST 3.5" MAGNETIC DISCS ORIGINATING IN KONG WAS INITIATED BY THE EUROPEAN COMMISSION ON SEPTEMBER 18, YEAR.
HONG
LAST
THE HONG KONG GOVERNMENT SURMITTED ITS FIRST REPRESENTATION THE COMMISSION IN FEBRUARY THIS YEAR.
TO
INVESTIGATIONS ARE UNDERWAY AND POUR LOCAL COMPANIES HAVE RESPONDED TO THE COMMISSION'S QUESTIONNAIRE.
MONTH.
ON-SITE VERIFICATIONS IN HONG KONG WILL
BE CARRIED OUT THIS
HONG KONG EXPORTED AROUND HK$124 MILLION OF UNRECORDED MAGNETIC DISCS AND SO ON TO THE EC IN 1992, THAT IS AROUND 63% OF EXPORTS IN 1991.
IN THE FIRST HALF OF THIS YEAR, EXPORTS OF UNRECORDED DISCS REACHED HK$136 MILLION.
MAGNETIC
THE INCREASE MAY BE RELATED TO THE IMPOSITION OF PROVISIONAL ANTI-DUMPING DUTIES ON OTHER SUPPLIERS. IT REMAINS TO BE SEEN WHETHER THE TREND WOULD BE SUSTAINED.
17
Page &