XN000022-1990-05-03 — Page 8

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THURSDAY, MAY 3, 1990

U.S. ANTI-DUMPING CASE AGAINST MAN-MADE FIBRE SWEATERS

NEWS

A TRADE DEPARTMENT OFFICIAL TODAY (THURSDAY) WELCOMED THE

TO REVISE SOME OF THAT THE U.S. DEPARTMENT OF COMMERCE HAD DECIDED

SWEATERS FROM THE PRELIMINARY ANTI-DUMPING MARGINS ON MAN-MADE FIBRE HONG KONG.

COMMERCE HAS TAKEN A "THE DEPARTMENT OF

FAIR DECISION TO RECALCULATE SOME OF THE FIGURES IN THE LIGHT OF REPRESENTATIONS MADE

AN ASSISTANT

OF DIRECTOR-GENERAL BY THE HONG KONG INDUSTRY, MR CHRISTOPHER JACKSON, SAID.

tr

TRADE,

THE

INVESTIGATORS *

"CERTAIN ARITHMETICAL ERRORS WERE DRAWN TO ATTENTION. THESE HAVE NOW BEEN RECTIFIED, HE EXPLAINED.

"THE EFFECT IS TO REDUCE

MARGIN IN RESPECT OF TO 2.8 PER PER CENT

CENT: AND PROSPERITY FROM 12.04

TRADE THE

AVERAGE WEIGHTED

TO

NOT APPLY ΤΟ PRODUCTS

COMPANIES FROM ALL INVESTIGATED FROM 5.9 PER CENT TO 2.25 PER CENT.

THE DUMPING

"NATURALLY WE VERY MUCH WELCOME THIS NEWS,' HE SAID, THERE ARE OTHER ASPECTS OF THE CASE WHICH CONCERN US."

"ALTHOUGH

LIAISE CLOSELY

IT

HE ADDED THAT THE GOVERNMENT WOULD CONTINUE TO WITH THE INDUSTRY ON THE CASE AND ASSIST THE INDUSTRY TO DEAL WITH WHENEVER THIS WAS APPROPRIATE.

LABELLING OF SWEATERS TO U.S.

BE

THAT THE (THURSDAY} TODAY ANNOUNCED THE TRADE DEPARTMENT UNITED STATES AUTHORITIES HAD NOW CONFIRMED THE WORDING WHICH WILL

SILK BLEND AND FUTURE FOR LABELS ON CERTAIN REQUIRED IN VEGETABLE FIBRE SWEATERS EXPORTED TO THE U.S. UNDER CATEGORY AND 846 (2) OF THE HONG KONG/UNITED STATES TEXTILE AGREEMENT.

OTHER 845 (2)

IMPORTS A SPOKESMAN SAID, FOR ALL AFTER JUNE 29, SUCH SWEATERS MAY NO LONGER, BE LABELLED "MADE IN HONG KONG".

ENTERING

UNDER

THE U.S. ON U.S. REGULATIONS,

OR

KNIT IN CHINA",

THE U.S. AUTHORITIES HAD NOW CONFIRMED THAT AN ACCEPTABLE LABEL FOR SUCH SWEATERS WOULD BE "ASSEMBLED IN HONG KONG. OR "ASSEMBLED

AND FINISHED

SPOKESMAN

THAT CONFIRMED

IN HONG THIS WORDING

KONG. KNIT

WOULD

REQUIREMENTS.

THE IN CHINA". MEET HONG KONG

/THE SPOKESMAN