XN000022-1990-01-18 — Page 9

THURSDAY, JANUARY 18, 1990

"THESE MARKETS, HOWEVER, WILL EXCLUDE ALL CITES PARTIES WHICH HAVE BANNED THE IMPORT OF IVORY,' A GOVERNMENT SPOKESMAN EXPLAINED.

HE STRESSED THAT THE HONG KONG GOVERNMENT REMAINED FULLY COMMITTED TO THE PROTECTION OF ENDANGERED SPECIES, INCLUDING THE AFRICAN ELEPHANT.

HE POINTED OUT THAT NO IMPORTS OF IVORY INTO BEEN ALLOWED FOR SOME MONTHS;

HONG KONG HAD

THESE CONTROLS WOULD CONTINUE.

THE PURPOSE OF THE RESERVATION WAS TO ALLOW MORE TIME FOR THE ORDERLY DISPOSAL OF THE LEGALLY ACQUIRED STOCKS OF IVORY NOW HELD IN HONG KONG.

TIGHT CONTROLS OVER THE IMPORT, POSSESSION AND EXPORT OF IVORY WOULD REMAIN IN FORCE AND ON THE EXPIRY OF THE RESERVATION IN SIX MONTHS' TIME, ALL INTERNATIONAL TRADE IN IVORY FROM HONG KONG WOULD CEASE.

THE SPOKESMAN SAID. THE SIX-MONTH RESERVATION WAS AN APPROPRIATE COMPROMISE BETWEEN THE NEEDS OF IVORY TRADERS AND CARVERS AND THE DECISION OF THE INTERNATIONAL COMMUNITY OVER MEANS OF CONSERVING THE AFRICAN ELEPHANT.

A

L

NEW LEGISLATION TO PROVIDE FOR THE IVORY TRADE BAN WOULD BE INTRODUCED INTO THE LEGISLATIVE COUNCIL SHORTLY, HE ADDED.

0% 379

0

!

1

1+

1

COMPANIES REGISTRY FIGURES FOR 1989 RELEASED

FIGURES FOR THE COMPANIES REGISTRY OF THE REGISTRAR GENERAL'S DEPARTMENT RELEASED TODAY (THURSDAY) BY THE REGISTRAR NOEL GLEESON, INDICATED INCREASES OF ACTIVITY IN MOST AREAS AND DECREASES IN OTHERS FOR 1989 BY COMPARISON WITH 1988.

GENERAL, MR

MINOR

I

OF

THE COMPANIES REGISTRY FIGURES SHOWED THAT THE TOTAL NUMBER COMPANIES NOW REGISTERED UNDER THE COMPANIES ORDINANCE HAD INCREASED BY 14 PER CENT FROM 213,515 ΤΟ 2,42,709 WHILE THE NUMBER OF NEW COMPANIES REGISTERED DURING THE YEAR HAD INCREASED BY FOUR PER CENT FROM 30,474 TO 31,674.

AN THE

THE TOTAL NUMBER OF OVERSEAS COMPANIES WHICH RAD ESTABLISHED PLACE OF BUSINESS IN HONG KONG UNDER PART ΧΙ OF COMPANIES ORDINANCE AT THE END OF THE YEAR INCREASED BY FIVE PER CENT FROM 2,348 TO 2,464.

J

י

THE NUMBER OF NEW OVERSEAS COMPANIES ESTABLISHING A PLACE OF BUSINESS IN HONG KONG UNDER PART XI DURING 1989 WAS 266, AN INCREASE OF SOX PER CENT OVER THE NUMBER OF SUCH COMPANIES IN 1988.

,:i। - !? ¢ ?

/NO SEPARATE