WEDNESDAY, JULY 28, 1976.
NEW LICENSING ARRANGEMENT FOR GARMENT EXPORTS TO U.S.A.
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THE CURRENT LICENSING PROCEDURE FOR EXPORTS TO THE UNITED STATES OF GARMENTS UNDER RESTRAINT, AS WELL AS A FEW GARMENT ITEMS NOT UNDER RESTRAINT, IS TO BE BROUGHT INTO LINE WITH THE PROCEDURES OPERATING FOR EXPORTS OF TEXTILES TO OTHER COUNTRIES WITH WHICH HONG KONG HAS RESTRAINT AGREEMENTS.
A SPOKESMAN FOR THE COMMERCE AND INDUSTRY DEPARTMENT SAID TODAY THAT UNDER THE NEW ARRANGEMENT AN EXPORTER WOULD IN FUTURE BE REQUIRED TO SUBMIT AN ADDITIONAL COPY OF HIS LICENCE APPLICATION - A FOURTH COPY - FOR ENDORSEMENT.
THIS FOURTH COPY WILL BE STAMPED +APPROVED FOR EXPORT TO THE USA+ AND MUST BE SENT BY THE LOCAL EXPORTER TO HIS U.S. IMPORTER SO THAT THE LATTER MAY SECURE ENTRY OF THE GOODS.
THE NEW ARRANGEMENT GOES INTO EFFECT ON SEPTEMBER 6, 1976. THE SPOKESMAN EXPLAINED THAT THE ARRANGEMENT MADE IT POSSIBLE FOR BOTH THE HONG KONG AND U.S. AUTHORITIES TO RELY ON ONE COMMON DOCUMENT AS THE BASIS FOR MONITORING HONG KONG'S GARMENT EXPORTS TO THE UNITED STATES.
HE SAID: +ALTHOUGH THE ARRANGEMENT TAKES EFFECT ON SEPTEMBER 6, APPLICATIONS AFTER AUGUST 4 SHOULD BE SUBMITTED IN QUADRUPLICATE SINCE A LICENCE IS VALID FOR 28 DAYS.+
A NOTICE CONTAINING DETAILS FOR THE NEW ARRANGEMENT HAS BEEN ISSUED.
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