XN000022-1981-01-22 — Page 6

THURSDAY, JANUARY 22, 1981

5

ECONOMIC SANCTIONS AGAINST IRAN LIFTED

****

A SPOKESMAN FOR THE TRADE INDUSTRY AND CUSTOMS DEPARTMENT TODAY ANNOUNCED THAT AS A RESULT OF THE IMMINENT REVOCATION OF THE IRAN (TRADING SANCTIONS) ORDER 1980 AND IN LINE WITH ACTION TAKEN BY THE UNITED KINGDOM AND OTHER MEMBER STATES OF THE EUROPEAN ECONOMIC COMMUNITY, NORMAL TRADE WITH IRAN MAY NOW BE RESUMED.

ALL EXPORTS TO IRAN HAVE BEEN SUBJECT TO LICENSING CONTROL SINCE JUNE 4, 1980 AND, EXCEPT FOR FOODSTUFFS AND MEDICAL SUPPLIES, APPLICATIONS TO EXPORT OTHER PRODUCTS WERE NOT ENTERTAINED UNLESS THE SUPPLY OR SALE OF THE GOODS WAS MADE IN PURSUANCE OF A CONTRACT MADE BEFORE MAY 30, 1980 OR IN PURSUANCE OF ESTABLISHED BUSINESS LINKS.

WITH THE LIFTING OF THE TRADE SANCTIONS, THE DEPARTMENT IS NOW PREPARED TO CONSIDER AND APPROVE APPLICATIONS TO EXPORT ANY ARTICLE TO IRAN, SUBJECT TO NORMAL CONDITIONS BEING MET. THIS MEANS THAT THE NEED TO PRODUCE EVIDENCE TO SUPPORT CONTRACTS MADE PRIOR TO MAY 30, 1980 OR ESTABLISHED BUSINESS LINKS WILL NO LONGER BE REQUIRED.

HOWEVER, UNDER THE IMPORT AND EXPORT (GENERAL) REGULATIONS, ALL EXPORTS TO IRAN ARE SUBJECT TO LICENSING CONTROL. THE DEPARTMENT IS TAKING STEPS TO ABOLISH THIS REQUIREMENT SO AS TO BRING TRADE WITH IRAN IN LINE WITH OTHER COUNTRIES.

BEFORE THIS LEGISLATIVE AMENDMENT IS ENACTED, ALL EXPORTS TO IRAN MUST STILL BE COVERED BY LICENCES IRRESPECTIVE OF THE ITEMS CONCERNED, THE SPOKESMAN ADDED.

$80 000 FOR NEW YEAR CELEBRATIONS IN NORTH DISTRICT *****

NORTH DISTRICT ADVISORY BOARD AND LOCAL RESIDENTS ARE PLANNING TO SPEND $80 000 ON CELEBRATIONS DURING LUNAR NEW YEAR.

THE DAB IS TO ALLOCATE $31 000, WITH THE BALANCE BEING RAISED FROM PRIVATE DONATIONS,

CELEBRATIONS, WHICH WILL BE HELD FROM FEBRUARY 14 TO FEBRUARY 22, INCLUDE FUN FAIRS, A VARIETY SHOW, LION AND UNICORN DANCES, MAGIC SHOWS, KUNG FU DEMONSTRATIONS, A DINNER PARTY FOR THE ELDERLY AND A CROSS-COUNTRY RACE.

THEY ARE BEING ORGANISED SEPARATELY BY SHEUNG SHUI RURAL COMMITTEE, SHA TAU KOK RURAL COMMITTEE, NORTH DISTRICT MUTUAL AID COMMITTEE WORKING SUB-COMMITTEE AND SHEUNG SHUI SPORTS ASSOCIATION.

THE FUN FAIRS AND SHOWS WILL BE HELD AT LUEN WO HUI, SHA TAU KOK AND SHEK WU HUI PLAYGROUNDS.

THERE WILL BE 33 TABLES AT A DINNER PARTY FOR PEOPLE AGED OVER 70 TO BE HELD ON THE LAST DAY OF THE CELEBRATIONS,

A LUCKY DRAW WILL TAKE PLACE DURING THE DINNER AND SPECIAL PRIZES WILL BE AWARDED TO THE FIVE OLDEST PEOPLE ATTENDING.

/THE CROSS-COUNTRY