XN000022-1988-04-12 — Page 5

TUESDAY, APRIL 12, 1988

IF PROTECTIONIST MEASURES WERE PUT INTO EFFECT, THEY WOULD RESULT IN ADVERSE ECONOMIC CONSEQUENCES FOR ALL.

NEGOTIATORS

"AND THEY WOULD UNDERMINE THE EFFORTS OF OUR

AT THE NEW ROUND OF MULTILATERAL TRADE NEGOTIATIONS TO BRING ABOUT A MORE LIBERAL AND EFFECTIVE MULTILATERAL TRADING REGIME, HE ADDED.

DR TSB ALSO SAID THAT IN SOME CIRCUMSTANCES TEMPORARY PROTECTION MIGHT BE JUSTIFIED UNDER THE GATT, TAKING INTO ACCOUNT PROBLEMS SUCH AS WIDE FLUCTUATIONS IN EXCHANGE RATES, HUGE TRADE IMBALANCES AND HIGH UNEMPLOYMENT IN DECLINING INDUSTRIES WHICH THE WORLD'S TRADING ECONOMIES WERE FACING.

BUT HE BELIEVED THAT A PROTECTED

INDUSTRY IN THE LONG TERM END, NOT

BECAME WEAKER, NOT STRONGER, AND PROTECTION WAS, IN THE

THE SOLUTION.

"WE ARE LIVING IN A WORLD OF INCREASING DR TSE ADDED.

0

INTER-DEPENDENCE, "

WSD STAFF DONATE OVER $70,000 TO BEREAVED FAMILIES

ΤΟ

FAMILY IN

A DONATION OF OVER $70,000 WAS MADE TODAY (TUESDAY) EMBERS OF THREE WATER SUPPLIES DEPARTMENT WORKERS WHO WERE KILLED A TRAFFIC ACCIDENT AT LEI YUE MUN ROAD ON MARCH 30.

THE MONEY WAS RAISED BY COLLEAGUES OF THE VICTIMS.

THE VICTIMS WERE MISS LEUNG SUI-SUM, MADAM MAK HOP-NUI AND MR HO SING-KEUNG.

THE DONATION, WHICH WAS SHARED EQUALLY AMONG THE FAMILIES, WILL HELP TO DEFRAY FUNERAL AND OTHER EXPENSES.

THE MONEY WAS HANDED TO REPRESENTATIVES OF THE FAMILIES BY THE DEPUTY DIRECTOR OF WATER SUPPLIES, MR CHAN YAN-KEE, IN A CEREMONY HELD IN THE CONFERENCE ROOM OF THE

SUPPLIES DEPARTMENT AT LEIGHTON CENTRE.

WATER

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