XN000022-1989-04-24 — Page 5

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MONDAY, APRIL 24, 1989

THE MID-TERM REVIEW

CONCLUDED AT THE

GATT

OF

THE

URUGUAY

TRADE

NEGOTIATIONS

ROUND WAS COMMITTEES

SUCCESSFULLY

MEETING

HELD

IN GENEVA EARLIER THIS MONTH.

AN AGREEMENT WAS MADE ON AGRICULTURE, FOLLOWED BY TRADE-RELATED INTELLECTUAL PROPERTY RIGHTS, TEXTILES AND CLOTHING AND SAFEGUARDS.

INTERIM AGREEMENTS ON THE OTHER 11 SUBJECTS PUT

THE GATT LAST MINISTERIAL

THE MID-TERM

MONTREAL WERE ALSO ADOPTED.

MEETING

SUBSTANTIVE NEGOTIATIONS WOULD

OF

"ON HOLD" AT IN DECEMBER

START IMMEDIATELY ON HOW ΤΟ

AND CLOTHING, REMOVE RESTRICTIONS ON TRADE IN THE SECTOR OF TEXTILES

TO INCLUDING HOW TO ELIMINATE THE MULTI-FIBRE ARRANGEMENT (MFA), WHEN

PROGRAMME TAKE, MR SZE START THE PROGRAMME AND HOW LONG SHOULD THE SAID.

"GIVEN THEIR DOMESTIC PRESSURE, UNLIKELY TO GIVE UP THE MFA OVERNIGHT,

THE DEVELOPED COUNTRIES ARE HE ADDED.

COMMITTED IMPORTING

RESTRICTIONS

ON

HE SAID THE MID-TERM REVIEW DECISION ALSO

PLEDGE TO AVOID FURTHER COUNTRIES TO HONOURING A TEXTILES AND CLOTHING.

BUSH IN WARDING

"IT SHOULD STRENGTHEN THE HANDS OF PRESIDENT OFF NEW PROTECTIONIST OFFENSIVES BY THE U.S. TEXTILE LOBBY,

■+ HE ADDED.

ΤΟ

MR SZE SAID THAT HONG KONG'S OBJECTIVES AND PRIORITIES WERE

WHICH COULD MAINTAIN EFFECTIVE MULTILATERAL HAVE A STRONGER GATT

PRACTICES SURVEILLANCE OVER MEMBERS' TRADE PROTECTIONISM.

POLICIES

AND

ΤΟ

COMBAT

"WE WANT AN IMRPOVED GATT PROCEDURES AND RULES

FOR TAKING

**

HE SAID HE

WOULD

OF TRADE DISPUTES AS WELL AS GROUND RULES

(SAFEGUARDS),' SAID MR SZE.

TEXTILES AND CLOTHING TRADE FROM THE MFA TO THE GATT.

FOR SETTLEMENT GREATER CLARIFICATION AND OPERATIONAL

то RESTRICT EMERGENCY MEASURES

IMPORTS

TO LIKE

SEE THE

GRADUAL

OF RETURN

THE

IN

"WE ALSO WANT AN EXPANSION OF THE SCOPE OF GATT TO COVER

PROPERTY SERVICES AND TRADE-RELATED

INTELLECTUAL

RULES,

TRADE HE

CONCLUDED.

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