XN000022-1989-03-03 — Page 7

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FRIDAY, MARCH 3, 1989

EC TO INITIATE ANTI-DUMPING PROCEEDING ON DENIM CLOTH

INFORMATION

THAT THE PROCEEDING ON

THE TRADE DEPARTMENT HAS RECEIVED EUROPEAN COMMISSION WILL SOON INITIATE AN ANTI-DUMPING DENIM CLOTH ORIGINATED IN HONG KONG, MACAU, TURKEY AND INDONESIA.

THE ACTION IS IN RESPONSE TO A COMPLAINT LODGED

ALLIED

TEXTILE

BY EUROCOTON,

OF THE INDUSTRIES

THE COMMITTEE OF THE COTTON EUROPEAN ECONOMIC COMMUNITY.

AND

IT IS UNDERSTOOD THAT IN THE

KONG COMPANIES ARE

NAMED.

THE

THESE COMPANIES.

IN ANTICIPATION

OF THE

SIX OF

HONG DETAILS OF

A TOTAL COMPLAINT

CHECKING IS DEPARTMENT

DEVELOPMENT,

THE TRADE

DEPARTMENT

DENIM CLOTH

ARRANGED FOR ITS LEGAL CONSULTANT TO GIVE A BRIEFING FOR PRODUCERS ON FEBRUARY 24.

NEXT FEW DAYS A MEETING THE DEPARTMENT WILL ARRANGE IN THE WITH THE COMPANIES KNOWN TO BE INVOLVED IN THE PRESENT PROCEEDING,

USUALLY

CANNOT

PRODUCE "GIVEN THAT THE EC'S COMPLAINTS EXHAUSTIVE LIST, COMPANIES THAT ARE INVOLVED IN PRODUCING DENIM

то INVITED EXPORT то THE

ARE EEC DEPARTMENT," THE ACTING ASSISTANT DIRECTOR OF LEUNG, SAID TODAY (FRIDAY).

FOR

AN CLOTH CONTACT THE TRADE TRADE (EEC), MR FRED

DENIM CLOTH IS

TEXTILE AGREEMENT, KONG/EEC UNDER THE HONG CLASSIFIED UNDER CATEGORY 2A (WOVEN COTTON FABRICS, FINISHED).

AMOUNTS TO 11,514 THE RESTRAINT LIMIT OF CATEGORY 2A IN 1989

OF

PER CENT. IN

THE 0.2

1988, TONNES WITH AN ANNUAL GROWTH RATE

OF HONG KONG'S EXPORTS OF DENIM CLOTH REPRESENTED ABOUT 67 PER CENT EXPORTS OF CATEGORY 2A PRODUCTS.

KONG ACCORDING TO HONG

TRADE STATISTICS,

OF EXPORTS TO $148 AMOUNTED

DENIM MILLION,

CLOTH TO THE EEC IN 1986, 1987 AND 1988, $187 MILLION AND $186 MILLION RESPECTIVELY.

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