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Tuesday, August 14, 1973
H.K. TO PRESS FOR FAIR DEAL ON TEXTILES AND FOOTWEAR
The Hong Kong Government will continue to press for the removal
of the discrimination against Hong Kong's textiles and footwear exports
to the enlarged European Economic Community.
This assurance was given today by a spokesman for the Commerce
and Industry Department in connection with a petition sent to the Secretary
of State for Foreign and Commonwealth Affairs by local trade and industrial
associations.
Referring to the petition, which was forwarded through the Acting
Governor, the spokesman said: "It clearly shows the concern which is
being felt over the erosion of Hong Kong's competitive position in the
enlarged EEC as far as textiles and footwear are concerned. **
He said it was too early to forecast what decision might be
taken on the issue raised in the petition, but he emphasised that the
Hong Kong Government would continue to press for the discrimination against
Hong Kong to be lifted.
The United Kingdom, he noted, was the second largest market for
Hong Kong textiles, with last year's exports amounting to $1,457 million.
The United Kingdon was the largest market for Hong Kong footwear,
he added, and last year exports were valued at $121 million.
The value of exports of textiles and footwear to the nine EEC
countries was $2,970 million and $183 million respectively.
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