XN000022-1989-06-21 — Page 26

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WEDNESDAY, JUNE 21, 1989

WITH THE "ANY DIRECTIONS THAT MAY BE GIVEN MUST BE CONSISTENT

SUFFICIENT OPERATIONAL AND DELIBERATE INTENTION TO ALLOW THE BODIES

HE SAID. FINANCIAL INDEPENDENCE TO DISCHARGE THEIR OBLIGATIONS,'

SUBJECT AND THERE WAS OUT THIS

SIR PIERS SAID THE ACCOUNTS OF BOTH KCRC AND MTRC WERE TO INDEPENDENT AUDIT BY CERTIFIED PUBLIC ACCOUNTANTS. THEREFORE NO NEED TO REQUIRE THE DIRECTOR OF AUDIT TO CARRY FUNCTION.

"So

FAR

AS

ENSURING

COMPLIANCE

WITH THE

ORDINANCE

AND

15 BEING

WITH

ACCEPTABLE OPERATING PERFORMANCE ARE CONCERNED, THIS MATTER

OF GOVERNMENT'S RELATIONSHIP CONSIDERED AS PART OF THE REVIEW THE BODIES CONCERNED, HE ADDED.

1+

EEC ANTI-DUMPING ACTIONS UNFAIR

WILL CONTINUE TO HELPING COMPANIES

DEVOTE, A WHICH HAVE

BY THE

SIR

THE GOVERNMENT HAS DEVOTED, AND GREAT DEAL OF EFFORT AND RESOURCES IN

OF ANTI-DUMPING ACTIONS BEEN AFFECTED BY THE RECENT SPATE

FINANCIAL SECRETARY, THE HON EUROPEAN ECONOMIC COMMUNITY, THE PIERS JACOBS, TOLD THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

THE HON SO CHAU

FIRMLY OF THE VIEW

EEC

HONG AGAINST

YIM-PING,

SIR THAT THE KONG WERE

REPLYING TO A QUESTION FROM

REMAINED GOVERNMENT FIERS SAID THE ANTI-DUMPING ACTIONS INSTITUTED BY THE BOTH UNFAIR AND ILL-FOUNDED,

KONG

GOVERNMENT

HAD

DONE IN

HE EXPLAINED THAT IN FACT THE HONG FAR MORE TO ASSIST INDUSTRY IN THIS RESPECT THAN OTHER GOVERNMENTS SIMILAR POSITIONS ELSEWHERE.

SOON

PROCEEDINGS

KONG AFFECTED INVESTIGATION

"AS

AS ANTI-DUMPING

HONG INVOLVING COMPANIES ARE ANNOUNCED. THE TRADE DEPARTMENT WILL BRIEF THE COMPANIES ON THE ANTI-DUMPING REGULATIONS AND THE PROCEDURES. AND ON HOW BEST TO DEAL WITH THESE PROCEEDINGS.

BRUSSELS

"AT THE SAME TIME, THE HONG KONG GOVERNMENT OFFICE IN WILL MAKE REPRESENTATIONS TO THE EUROPEAN COMMISSION." HE SAID.

HAD RETAINED TWO CONSULTANTS

ADVISE ON THE

OF COMPATIBILITY

EEC ANTI-DUMPING REGULATIONS PROCEDURES WITH THE PROVISIONS OF THE GATT ANTI-DUMPING CODE, PROBLEMS RELATING TO SPECIFIC PROCEEDINGS.

ALSO, THE TRADE DEPARTMENT

TO

AND

AND ON

IN THIS WHERE WE BELIEVE IT

"THE CONSULTANTS ARE HELPING TO IMPROVE OUR EXPERTISE AREA SO THAT WE ARE READY TO CHALLENGE THE EEC HAS OVERSTEPPED THE LINE," HE SAID.

/WHILE THE