XN000022-1988-10-19 — Page 6

WEDNESDAY, OCTOBER 19, 1988

5

GOVERNOR VISITS BRUSSELS

THE GOVERNOR, SIR DAVID WILSON, YESTERDAY (TUESDAY) WELCOMED KONG IN THE EUROPEAN COMMISSION'S DECISION TO OPEN AN OFFICE IN HONG THE EARLY 1990'S.

WHERE THE

THIS WAS ONE OF VARIOUS MATTERS RAISED IN BRUSSELS I GOVERNOR BEGAN THE SECOND LEG OF HIS TOUR OF THREE EUROPEAN COUNTRIES THIS WEEK.

THE AFTERNOON

THE WITH THE THE INTERNAL RESPONSIBILITY FOR

VISITING

OF SIR DAVID SPENT A LARGE PART

OF THE EUROPEAN COMMISSION WHERE HEADQUARTERS

MET HE VICE-PRESIDENT AND COMMISSIONER WITH RESPONSIBILITY FOR MARKET, LORD COCKFIELD, AND THE COMMISSIONER WITH EXTERNAL RELATIONS AND TRADE, MR WILLY DE CLERCQ.

LORD COCKFIELD IS MASTERMINDING THE EUROPEAN COMMUNITY'S POLICY TO CREATE A SINGLE MARKET FOR EUROPE WITHOUT FRONTIERS BY 1992. HE VISITED HONG KONG IN 1986 AFTER AN OFFICIAL VISIT TO CHINA.

TRADE INDUSTRY, REVIEW MEETING

MR DE CLERCQ IS THE EUROPEAN COMMUNITY'S CHIEF NEGOTIATOR, WHO WILL BE MEETING THE SECRETARY FOR TRADE AND MR HAMISH MACLEOD, AMONG OTHERS, AT THE GATT MID-TERM IN MONTREAL FOR THE URUGUAY ROUND IN DECEMBER. IN APRIL 1987 AND PASSED THROUGH AGAIN EARLIER MET WITH THE FINANCIAL SECRETARY, MR PIERS JACOBS, COMMISSION'S NEW OFFICE IN BEIJING.

SIR DAVID SAID HONG KONG

CLOSELY,

HE VISITED HONG KONG THIS

WHEN MONTH,

HE OPENING AFTER

THE

DEVELOPMENTS IN THE OF A THIS WAS CHANGES TO

WAS FOLLOWING EUROPEAN COMMUNITY VERY

PARTICULARLY THE CREATION SINGLE MARKET WITHOUT FRONTIERS FOR THE COMMUNITY BY 1992. AN ISSUE OF KEEN INTEREST AS THE NEW POLICY WOULD INVOLVE THE ECONOMIC STRUCTURE OF EUROPE WHICH COULD BRING ADVANTAGES FOR OUR OF GOODS WOULD EXPORTERS. THE REMOVAL OF BARRIERS TO THE FREE FLOW REDUCE COSTS, PROMOTE COMPETITION AND STIMULATE GROWTH; EUROPEAN

AND DYNAMIC. BY THIS INDUSTRY WOULD BECOME MORE COMPETITIVE THE COMMUNITY WOULD CONTRIBUTE BOTH TO INCREASED GROWTH IN THE

LIBERALISATION

TRADE. ECONOMY AND TO THE PROGRESSIVE

OF WORLD

SIR WOULD BE DAVID SAID HE HOPED THAT THE SINGLE EUROPEAN MARKET OF 1992 AS OPEN AS HONG KONG'S.

MEANS GLOBAL

THE GOVERNOR ALSO CALLED YESTERDAY ON HIS ROYAL HIGHNESS PRINCE ALBERT AND THE FOREIGN MINISTER OF BELGIUM, MR LEO TINDEMANS.

/PRINCE ALBERT