TUESDAY, OCTOBER 4, 1994
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STI TO ATTEND APEC TRADE MINISTERS MEETING
THE SECRETARY FOR
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TRADE AND INDUSTRY, MR T H CHAN WILL THE TRADE REPRESENT HONG KONG AT
MINISTERS MEETING OF THE ASIA PACIFIC ECONOMIC CO-OPERATION (APEC) TO BE HELD IN JAKARTA, INDONESIA ON THURSDAY (OCTOBER 6).
THE MEETING WILL REVIEW THE OUTCOME OF THE URUGUAY ROUND AND ASSESS ITS IMPLICATIONS FOR THE ASIA-PACIFIC REGION. WAYS TO ENSURE THE EFFECTIVE AND FULL IMPLEMENTATION OF THE OUTCOME WILL ALSO BE
DISCUSSED.
"SUPPORT FOR THE MULTILATERAL TRADE SYSTEM UNDER THE GENERAL
IS THE CORNERSTONE AGREEMENT ON TARIFFS AND TRADE
OF HONG KONG'S EXTERNAL TRADE POLICY. WE ATTACH GREAT IMPORTANCE TO THE PROMPT AND FAITHFUL IMPLEMENTATION OF THE
MR AGREEMENTS,
CHAU
SAID.
URUGUAY
ROUND
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"I WILL ALSO URGE OTHER APEC MEMBER ECONOMIES TO RATIFY THE WORLD TRADE URUGUAY ROUND AGREEMENT AS SOON AS POSSIBLE, SO THAT THE ORGANISATION CAN BE SET UP ON JANUARY 1, 1995," HE ADDED.
VIEWS WITH
MR CHAU WILL ALSO TAKE THE OPPORTUNITY TO EXCHANGE TRADE MINISTERS FROM OTHER APEC ECONOMIES ON ISSUES OF CONCERN TO HONG KONG.
APEC IS A FORUM FOR INFORMAL HIGH-LEVEL DIALOGUE ON REGIONAL ECONOMIC AND TRADE ISSUES, AND AT PRESENT COMPRISES 17 MEMBERS.
BESIDES HONG KONG, OTHER MEMBERS ARE: AUSTRALIA, DARUSSALAM, CANADA, CHINA, INDONESIA, JAPAN, KOREA, MALAYSIA, NEW ZEALAND, PAPUA NEW GUINEA, THE PHILIPPINES, SINGAPORE, TAIPEI, THAILAND AND THE USA.
BRUNEI MEXICO, CHINESE
THE MEETING
BY
THE
MR CHAU WILL BE ACCOMPANIED AT DIRECTOR-GENERAL OF TRADE, MR TONY MILLER, AND OTHER TRADE OFFICIALS.
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T
GOVT READY TO HELP MANUFACTURERS ON TECHNOLOGIES
THE GOVERNMENT STANDS READY TO HELP LOCAL MANUFACTURERS то APPLY NEW OR IMPROVED PRODUCTION TECHNOLOGIES, DESIGNS, PROCESSES AND MANAGEMENT TECHNOLOGIES, THE ACTING DIRECTOR-GENERAL OF INDUSTRY, MR DOMINIC LAW, SAID TODAY (TUESDAY).
SPEAKING AT THE PRIZE-PRESENTATION CEREMONY OF THE THIRD VARSITY COMPETITION IN ELECTRONIC DESIGN, MR LAW SAID: "THE CULTURE OF APPLIED RESEARCH AND DEVELOPMENT (R AND D) AND PRODUCT DEVELOPMENT WORK IN HONG KONG IS ACTIVELY ENCOURAGED BY THE GOVERNMENT THROUGH A $200 MILLION APPLIED R AND D FUND SCHEME.
"FURTHERMORE, THE GOVERNMENT HAS, STARTING FROM THIS FINANCIAL PROVIDED $180 MILLION TO SUPPORT PROJECTS WHICH WOULD BENEFIT THE MANUFACTURING INDUSTRY," HE SAID.
YEAR,
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