XN000022-1989-12-08 — Page 11

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FRIDAY, DECEMBER 8, 1989.

CURRENT ROUND, WHICH THERE WERE 15 NEGOTIATING GROUPS IN THE

HEADINGS: MARKET OPENING, BE GROUPED UNDER THREE BROAD STRENGTHENING OF GATT RULES AND DISCIPLINES, AND NEW ISSUES, HE NOTED.

COULD

ASPIRATIONS

IN THE AREA OF MARKET TO SEE THE PHASING AND LIBERALISATION

MR SZE SAID HONG KONG'S OPENING WAS THAT NATURALLY HONG KONG WOULD LIKE OUT OF MFA (MULTI-FIBRE ARRANGEMENT) RESTRICTIONS OF WORLD TEXTILE TRADE IN AN ORDERLY BUT NOT TOO LENGTHY FASHION.

"WE WOULD ALSO WANT FURTHER REDUCTION IN TARIFFS FOR EXPORT INTEREST TO US. HE SAID.

ITEMS OF

WAS

TRADE BEEN

IN THE AREAS OF GATT RULES AND DISCIPLINES, MR SZE SAID IT

THE NON-DISCRIMINATION ONE OF HONG KONG'S TOP PRIORITIES TO PRESERVE

NATION

IN PRINCIPLES

THE APPLICATION OF AND MOST FAVOURED MEASURES, AND TO SEE THE ELIMINATION OF TRADE MEASURES WHICH HAD TAKEN OUTSIDE THE GATT INCLUDING THE SO-CALLED GREY AREA MEASURES.

HARD ON IMPROVING THE GATT "MOREOVER, WE HAVE BEEN WORKING

DISCIPLINES ANTI-DUMPING REGULATIONS AND SEEK TO DRAW UP MULTILATERAL ON RULES OF ORIGIN."

KONG HAD RECENTLY FORWARDED HE SAID, HONG IN THE NEW AREAS,

GOVERNING PROPOSALS ON THE TERRITORY'S VIEWS ON THE VARIOUS STANDARDS

THEY DIFFERENT INTELLECTUAL PROTECTED.

PROPERTY

RIGHTS AND

HOW

SHOULD

BE

THE TURNING TO TRADE IN SERVICES. MR SZE SAID THE OBJECTIVE OF

AGREEMENT PROVIDING A URUGUAY ROUND NEGOTIATIONS ON SERVICES WAS AN

RIGHTS AND CONFERRING OF PRINCIPLES FRAMEWORK

REGULATIONS AND OBLIGATIONS ON PARTICIPANTS IN CONDUCTING TRADE IN SERVICES.

MR SZE SAID HONG KONG'S POSITION IN RESPECT OF WAS NO DIFFERENT FROM THAT OF MANY DEVELOPED COUNTRIES.

SERVICES

TRADE

I GROSS "IN 1987, THE SERVICES SECTOR'S CONTRIBUTION TO OUR GDP

THAN THE AVERAGE DOMESTIC PRODUCT) WAS 65 PER CENT WHICH WAS HIGHER

EMPLOYMENT, IT ACCOUNTED FOR FOR INDUSTRIAL COUNTRIES. IN TERMS OF

IN THE FIRST SOME 58 PER CENT OF QUARTER OF THIS YEAR.

HONG

WORKING KONG'S

POPULATION

BY THE GATT. HONG 'ACCORDING TO THE LATEST REPORT PUBLISHED

EXPORTERS KONG RANKED 18TH IN THE WORLD LEAGUR OF COMMERCIAL SERVICES

SUCH SERVICES IN THE IN 1987, AND WAS THE 20TH LARGEST IMPORTER OF SAME YEAR.

"ALL THESE FIGURES POINT TO THE FACT THAT WE CAN FROM A MULTILATERAL AGREEMENT WHICH PROMOTES AND EXPANDS IN SERVICES, HE SAID.

ONLY BENEFIT WORLD TRADE

SUPPORTED FULLY

HE ADDED

THAT HONG KONG THEREFORE MULTILATERAL FRAMEWORK ON SERVICES

NON-DISCRIMINATION,

INCORPORATING

PRINCIPLES OF

TREATMENT

THE IMPORTANT NATIONAL TRANSPARENCY,

WOULD HELP AND PROGRESSIVE LIBERALISATION OF MARKET ACCESS WHICH REMOVE OBSTACLES TO TRADE.

TO

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