+
5
MONDAY, FEBRUARY 26, 1990
THE RATIONALE
AND
ARE
"WE HAVE POINTED OUT TO OVERSEAS IMPORTERS THAT FOR DUMPING DOES NOT EXIST IN HONG KONG SINCE HONG KONG IS A FREE OPEN TRADING MARKET AND THE MAJORITY OF OUR GARMENT MANUFACTURERS SMALL-SCALE OPERATORS,' HE SAID.
KONG COULD SUCCEED
IN THE FIGHT A LARGE EXTENT ON
MR CHAN SAID WHETHER HONG AGAINST ANTI-DUMPING PROCEEDINGS WOULD DEPEND TO MUTUAL CO-OPERATION AND SUPPORT AMONG LOCAL GARMENT MANUFACTURERS.
AND CO-OPERATION
INITIATIVE IN COUNTERING MANUFACTURERS
AND CLOTH
"A GOOD EXAMPLE IS THE RECENT
AND BY CLOTHING
TEXTILES ANTI-DUMPING PROCEEDINGS ON DENIM
SHOWN
SAID.
..
ACRYLIC SWEATERS, HE
CHAN SAID TO THE ΤΟ
MR GATT, ON THE URUGUAY ROUND NEGOTIATIONS OF THE THE GOVERNMENT HAD STRONGLY DEMANDED THAT PROVISIONS RELATING
GATT IN ORDER TEXTILES TRADE SHOULD BE RE-INCORPORATED INTO THE PHASE OUT THE EXISTING MULTI-FIBRE ARRANGEMENT.
TO THE GATT REVISING THE "THE GOVERNMENT HAS ALSO PROPOSED
CRITERIA SO
AS ANTI-DUMPING CODE AND TO DRAW UP MULTILATERAL ORIGIN
BEING USED AS TOOLS OF TO PREVENT THESE TECHNICAL PROVISIONS FROM TRADE PROTECTIONISM," HE SAID.
EXTENT
THIRD LARGEST GARMENT MR CHAN SAID HONG KONG WAS THE WORLD'S EXPORTER AND HONG KONG'S TRADE DEVELOPMENT DEPENDED TO A LARGE ON MANUFACTURING INDUSTRIES, PARTICULARLY THE GARMENT INDUSTRY.
HE SAID
THIS INDUSTRY FOR 34 ACCOUNTING MANUFACTURING SECTOR.
NOW
EMPLOYED
OVER
PER
CENT
OF THE TOTAL
286,000 WORKFORCE
WORKERS,
OF
THE
$7.2 BILLION,
LOCAL GARMENT EXPORTS IN 1989 WERE WORTH ABOUT REPRESENTING OVER 32 PER CENT OF HONG KONG'S TOTAL EXPORTS.
INDUSTRY CLOTHING
OPERATING
LABOUR COSTS,
WAS FACING MANY SHORTAGES AND
MR CHAN SAID HONG KONG'S DIFFICULTIES SUCH AS RISING
FIERCE COMPETITION FROM OVERSEAS MARKETS.
THESE OVERCOME
INVESTING MORE USUAL
"BUT I THINK THE CLOTHING INDUSTRY WILL DIFFICULTIES BY DIVERSIFYING ITS MARKETS AND PRODUCTS, ON NEW EQUIPMENT AND PRODUCTION METHODS AND DEMONSTRATING THEIR INTELLIGENCE AND RESILIENCE, HE SAID.
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