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Sino-US agreement
The Hong Kong Government warmly welcomes the agreement reached by the US and Chinese Governments on the protection of intellectual property rights.
A Government spokesman said tonight (Sunday): "We are pleased that the two sides have reached a mutually satisfactory solution, and retaliatory action between the two countries has been averted.
"The Sino-US agreement is good news for Hong Kong. The possibility of a trade war between the US and China, our two largest trading partners, has been averted. The agreement demonstrates that there is no substitute for patient negotiations as the most effective means of resolving bilateral trade disputes.
"Measures to enhance the protection of intellectual property rights in China are a fundamentally positive development. Strengthened measures to protect intellectual property rights in China will enhance interest in technology transfer to and investment in China and will have a positive impact on Hong Kong's own ability to combat copyright piracy in Hong Kong. The strengthening of trade and investment ties between the US and China will benefit Hong Kong," the spokesman continued.
End/Sunday, February 26, 1995
AD-G of Industry to visit Denmark and Germany
The Assistant Director-General of Industry, Ms Anissa Wong, will leave Hong Kong today (Sunday) for a four-day visit to Denmark and Germany as part of the Industry Department's effort to attract overseas industrialists to invest in Hong Kong.
Ms Wong will first go to Copenhagen where she will meet with Danish business and commercial leaders. She will attend an investment promotion seminar on Hong Kong on February 28 before a brief stop over in Hamburg.
She will leave Hamburg for Cologne on March 1 where she will meet German business leaders and attend a seminar organised by the Federation of German Industries on March 2.
Ms Anissa Wong's itinerary includes a number of visits to leading European manufacturers as well as meetings with government officials responsible for industry
matters.
End/Sunday, February 26, 1995