XN000022-1987-09-05 — Page 3

Daily Information Bulletin 新聞公報 All

SATURDAY, SEPTEMBER 5, 1987

MEETING OF INTERNATIONAL TEXTILES

AND CLOTHING BUREAU (ITCB) CONCLUDED

THE IMPLEMENTATION OF PROTECTIONIST LEGISLATION NOW PENDING IN ECONOMIC AND SOCIAL THE UNITED STATES WOULD CAUSE GREAT HARM TO THE DEVELOPMENT OF DEVELOPING COUNTRY EXPORTERS.

MR

THIS WAS STATED BY THE SECRETARY FOR ECONOMIC AFFAIRS OF MACAU, WHILE SUMMING UP THE GALHARDO SIMOES, ANTONIO ALBERTO

AND DELIBERATIONS OF A FOUR-DAY MEETING OF THE INTERNATIONAL TEXTILES

THE ITCB CLOTHING BUREAU (ITCB). MR GALHARDO SIMOES WAS PRESIDENT OF

BETWEEN SEPTEMBER 1 AND 4. MEETING WHICH TOOK PLACE IN MACAU

LEGISLATION WOULD UNDERMINE HOPES FOR PROGRESS IN

HE NOTED THAT SUCH PROTECTIONIST THE MULTILATERAL TRADING SYSTEM AND DIMINISH THE GATT URUGUAY ROUND OF MULTILATERAL TRADE NEGOTIATIONS.

IMPORTANCE OF THE URUGUAY OF MODALITIES THAT WOULD CLOTHING SECTOR INTO DISCIPLINES. IN

"THESE DEVELOPMENTS UNDERLINE THE ROUND NEGOTIATIONS FOR THE FORMULATION PERMIT EVENTUAL INTEGRATION OF THE TEXTILE AND THE GATT ON THE BASIS OF STRENGTHENED GATT RULES AND THIS REGARD, THE DEVELOPMENT OF THE HEALTHY SAFEGUARD SYSTEM BASED THE MOST-FAVOURED-NATION PRINCIPLE IS ESSENTIAL.

"

ON

INVOCATIONS OF THE MORE HE SOUNDED A CAUTIONARY NOTE ON THE

THE NEW MFA AGREEMENT WHEN THE RESTRICTIVE MEASURES CONTAINED IN

WERE AGREEMENTS

AND BILATERAL

NEGOTIATED

IMPLEMENTED. SUBSEQUENT

SUPPOSED THERE WAS ALSO A DANGER THAT THE HARMONISED SYSTEM, WHICH IS

TARIFF INCREASES AND ADVERSE TO BE NEUTRAL MAY LEAD TO SUBSTANTIAL CHANGES TO PRODUCT CLASSIFICATION AND COVERAGE.

RUCTIVE. HE SAID THE TALKS HAD BEEN MOST CONSTRUCTIVE.

TRADE IN TEXTILES CRUCIAL ISSUES AFFECTING THE INTERNATIONAL

THE UNDERSTANDINGS HAD BEEN CONSIDERED, VIEWS HAD BEEN EXCHANGED AND

BE A SIGNIFICANT CONTRIBUTION REACHED AMONG PARTICIPANTS WOULD EFFORTS TO REVERSE PROTECTIONISM IN THE TEXTILES FIELD.

REPRESENTATIVES OF 15

TEXTILE

EXPORTING

COUNTRIES

TERRITORIES ATTENDED THE MEETING. HONG KONG'S DELEGATION THE DIRECTOR OF TRADE, MR MICHAEL SZE.

TO

AND

WAS LED BY

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