XN000022-1972-08-29 — Page 7

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Tuesday, August 29, 1972

SPECIAL SHIPMENT SCHEME FOR CERTAIN EXPORTS TO THE U.S.

Exports of all cotton, man-made fibre and wool textiles to the United

States against quotas and export authorisations must be licensed on or before

September 4, 1972 for shipment up till the end of September this year.

As an exception to this rule there will be certain special arrangements

applicable to categories subject to unfinished consultations with the United

States Government. Individual quota holders have been notified separately.

The Director of Commerce and Industry, Mr. Jack Cater, said today that

the object of the exercise, which was being introduced rather earlier than usual,

was to ensure maximum utilisation of the available quota.

A special shipment scheme will be operated from September 6 to

September 29. Under it all quotas not licensed on or before September 4 will

be made available to all applicants for shipment before the end of the month.

Full details of the scheme are announced in Notice to Exporters: Series 2

No. 16/72 which was issued today.

Trade Associations and companies on the Commerce and Industry Department's

mailing list for Notices to Exporters, Series 2 have been sent copies of this

Notice. Any one else who wishes to know the details is invited to contact one of

the following officers of the Commerce and Industry Department:-

Mr. P.K.F. Chok

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Mr. H.S. Fong

Mr. E. Chung

Assistant Trade Officer Tel. No. H-447888

Industry Assistant Tel. No. H-239625

Industry Assistant Tel. No. H-448686

The scheme has been introduced by the department on the advice of the

Textiles Advisory Board.

Release Time:

6.30 p.m.