XN000022-1987-12-30 — Page 18

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WEDNESDAY, DECEMBER 30, 1987

STI TO LEAD DELEGATION FOR BALI TRADE MEET

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THE SECRETARY FOR TRADE AND INDUSTRY, MR HAMISH MACLEOD, WILL LEAD A DELEGATION TO AN ASIAN-PACIFIC TRADE CONFERENCE TO BE HELD IN BALI, INDONESIA ON JANUARY 8-10.

THE PURPOSE OF THE CONFERENCE IS TO EXPLORE THOROUGHLY, WITH THE HELP OF A DRAFT REPORT FROM A STUDY GROUP, THE POSSIBLE SCOPE AND CONTENTS OF EARLY AGREEMENTS THAT MIGHT BE REACHED IN THE URUGUAY ROUND OF MULTILATERAL TRADE NEGOTIATIONS BY THE END OF 1988.

THE CONFERENCE, THE FOURTH IN THE SERIES AFTER MEETINGS IN HOBART, SEOUL AND TOKYO, WILL BE HOSTED BY THE INDONESIAN GOVERNMENT.

IT WILL BE ATTENDED BY TRADE MINISTERS FROM A NUMBER OF COUNTRIES INCLUDING THE REPRESENTATIVE, DR CLAYTON YEUTTER: AND THE COMMISSIONER FOR EXTERNAL RELATIONS, MR WILLY DIRECTOR GENERAL OF THE GATT, MR ARTHUR DUNKEL.

AND SENIOR OFFICIALS UNITED STATES TRADE EUROPEAN COMMUNITY'S DE CLERCQ; AND THE

DIRECTOR OF TRADE, MR

MR MACLEOD WILL BE ACCOMPANIED BY THE MICHAEL SZE, AND DEPUTY DIRECTOR OF TRADE, MR TONY MILLER.

MR SZE AND MR MILLER WILL STOP OVER IN SINGAPORE ΤΟ EXCHANGE VIEWS ON THE URUGUAY ROUND WITH THEIR COUNTERPARTS,

REPORT ON TOY INDUSTRY PUBLISHED

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TO FACE MAINTAIN

ALTHOUGH HONG KONG TOY MANUFACTURERS WILL CONTINUE KEEN INTERNATIONAL COMPETITION, THE TERRITORY IS EXPECTED TO THE LEAD AS THE WORLD'S LARGEST TOY EXPORTER, ACCORDING TO A STUDY THE INDUSTRY DEPARTMENT ON THE LOCAL TOY INDUSTRY.

BY

THE STUDY EXAMINES THE DEVELOPMENT., STRUCTURE, PRODUCTION, PRODUCT MARKETING, PROBLEMS AND FUTURE PROSPECTS OF THE TOY INDUSTRY.

THE MAIN AIMS ARE TO GIVE AN INDICATION OF THE PRESENT OF THE INDUSTRY AND TO SUGGEST LIKELY FUTURE TRENDS.

STATE

SHOWS THAT

THE STUDY REPORT, WHICH HAS JUST BEEN PUBLISHED, HONG KONG'S TOY INDUSTRY HAS GROWN RAPIDLY OVER THE LAST THREE DECADES AND IS NOW THE WORLD'S LARGEST EXPORTER OF TOYS.

IN 1986, THE TOY INDUSTRY EXPORTED HK$11,157 MILLION WORTH OF GOODS AND WAS HONG KONG'S FOURTH LARGEST EXPORT EARNER.

THERE WERE