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Wednesday, April 7, 1976
DC & I TO PUT QUOTA VIEWS TO TEXTILES ADVISORY BOARD
The Commerce and Industry Department will put to the
Textiles Advisory Board next month its conclusions on the many
proposals it has received on ways of improving the textile quota
system, the Director of Commerce and Industry, the Hon. David Jordan,
said in the Legislative Council today.
But Mr. Jordan warned that a good deal of further
discussion and consultation, probably with the trade associations
concerned as well, would be needed before any firm decisions could
be made.
In defending the Textiles Advisory Board against the
criticism that it was a body of people with vested interests in the
existing quota system, Mr. Jordan pointed out that the pressure
for a review of the system came initially many months ago
the Board itself.
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But the department was unable to undertake the review
until it had completed the EEC negotiations and the subsequent
implementation of that agreement which involved the calculation
and issue of something over 20,000 separate quota allocations.
Mr. Jordan emphasised two points which were made by
the Hon. Francis Tien in the Budget Debate. The first is that the
guiding principle has always been and must continue to be to
maintain a system that ensures that Hong Kong can make the maximum
use of the limited export opportunities available, in the interesta
of the community as a whole.
/The other ....
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