XN000022-1987-06-25 — Page 15

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THURSDAY, JUNE 25, 1987

NOTING THAT HONG KONG WAS IN THE TOP TEN IN THE WORLD IN TERMS OF REGISTERED TONNAGE, MR HIGGINSON SAID THE SHOULD ENSURE THE CONTINUED AND SUCCESSFUL DEVELOPMENT

PROPOSALS DESCRIBED AS A SHIP-OWNING AND SHIP MANAGEMENT CENTRE.

OF HONG KONG

+4

IMPLEMENTATION OF THE NEW EXAMPLE OF THE SUCCESS DECLARATION ON THE

"THE SUCCESSFUL DEVELOPMENT AND SHIPPING REGISTER WILL BE ONE MOA POSITIVE AND PRACTICALITY

SINO-BRITISH JOINT QUESTION OF HONG KONG.

SOUTH

OF THE

WITH OUR

WITH

SHIPPING

ECONOMIC

PORT IN THE AND PHYSICAL ATTESTED FINANCIAL, SUCCEED, I HAVE REGISTER WILL BE INDUSTRY AND WILL LEADERS

"WITH OUR PHYSICAL LOCATION AS A MAJOR OF CHINA;

EXCELLENT INFRASTRUCTURE;

OUR WELL-KNOWN AND COMMERCIAL, AND LEGAL SERVICES; AND WITH THE WILL TO EVERY CONFIDENCE THAT THE NEW HONG KONG SHIPPING ATTRACTIVE TO ALL SECTORS OF THE LOCAL SHIPPING CONTINUE TO MAINTAIN HONG KONG'S POSITION AS ONE OF THE WORLD IN THE FIELD OF PORT AND SHIPPING MANAGEMENT," SAID MR HIGGINSON.

U.S. PRESIDENTIAL ELECTIONS A FACTOR ON HK TRADE

—

IT WILL BE HELPFUL TO HONG KONG'S TRADE IF TO HELP LIBERALISE WORLD TRADE NOT INSIGNIFICANT PART SECRETARY FOR (THURSDAY).

EFFORTS IN GENEVA EFFORTS IN WHICH HONG KONG PLAYS A BEGIN TO SHOW SOME RESULTS NEXT YEAR, THE AND INDUSTRY, MR HAMISH MACLEOD SAID TODAY

TRADE

-

LUNCHEON OF THE HONG FACTORS DOMINATED

SPEAKING AT THE ANNUAL GENEAL MEETING KONG EXPORTERS' ASSOCIATION, MR MACLEOD SAID THREE HONG KONG'S MEDIUM TERM TRADE OUTLOOK.

LATE 1988, WITH ACTIONS WHICH

THEY WERE THE U.S. PRESIDENTIAL ELECTIONS IN VOTING IN THE PRIMARIES BEGINNING EARLY NEXT YEAR; THE JAPAN MIGHT OR MIGHT NOT TAKE TO MEET U.S. CONCERNS OVER ACCESS TO THE JAPANESE MARKET AND THEIR EFFECT ON PROTECTIONIST U.S. AS WELL AS THE ACTIONS WHICH THE

PRESSURES IN THE U.S. ADMINISTRATION MIGHT NOT TAKE TO REDUCE THE TWIN DEFICITS (BUDGET AND TRADE).

MIGHT OR

WILL HAVE A TERM TRADE PROSPECTS, DOMESTIC EXPORTS STILL

"IT IS THESE INTERTWINED FACTORS WHICH CONSIDERABLE BEARING ON HONG KONG'S MEDIUM BEARING IN MIND THAT OVER 40 PER CENT OF OUR GO TO THE U.S.

P

יז

MR MACLEOD SAID.

PET

MR MACLEOD SAID IT WAS USUAL FOR PRESIDENTIAL SUCCUMB TO PRESSURE TO ENDORSE PRESSURE GROUPS' EXAMPLE, TO ENDORSE THE TEXTILES BILL, IN EXCHANGE FOR SUPPORT OF THE U.S. TEXTILE INDUSTRY.

CANDIDATES TO SCHEMES, FOR THE ELECTORAL

PERHAPS HORE