17.
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The Convention was ratified by the United Kingdom Government in 1988 and was extended to Hong Kong in December 1992.
The Hong Kong team will assist the British delegation in answering questions on the implementation of the Convention in the territory.
The other three members of the Hong Kong team are Senior Crown Counsel, Mr Peter Wong; Principal Assistant Secretary for Security, Mr Jack Chan; and Assistant Secretary for Home Affairs, Mr John Dean.
End/Thursday, November 9, 1995
Volume and price movements of external trade in August
In the first eight months of 1995, the volume of re-exports increased by 16% over the same period last year, while the volume of domestic exports increased by 4.8%, according to the statistics released today (Thursday) by the Census and Statistics Department.
Taking re-exports and domestic exports together, the volume of total exports increased by 14%. Meanwhile, imports increased by 17% in volume.
The growth in the volume of trade is derived from the growth in trade values with the effect of price changes being discounted.
As regards price changes over the same period of comparison, the prices of re- exports and domestic exports increased by 3.9% and 2.5% respectively. Import prices increased by 5.9%. Price changes are reflected by changes in unit value indices, which are compiled based on average unit values or, for certain commodities, based on specific price data.
The terms of trade index, defined as the ratio of total export price index to import price index, decreased by 2.3% in the first eight months of 1995 over the same period last year.
Comparing August 1995 with August 1994, the volume of re-exports increased by 12%, while that of domestic exports decreased by 5.1%. Taken together, the volume of total exports increased by 8.7%. Meanwhile, the volume of imports grew by 14%.