TUESDAY, JULY 10, 1990
STATEMENT OF PRINCIPLES ON SERVICES NEGOTIATIONS PRAISED
* * * * *
THE GOVERNMENT TODAY (TUESDAY) COMMENDED THE EFFORTS OF THE HONG KONG COALITION OF SERVICE INDUSTRIES (HKCSI) IN PRODUCING A STATEMENT OF PRINCIPLES ON THE URUGUAY ROUND SERVICES NEGOTIATIONS CONDUCTED UNDER THE AUSPICES OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT).
THE SECRETARY FOR TRADE AND INDUSTRY, MR JOHN CHAN, SAID IT WAS GRATIFYING TO SEE THE OUTCOME OF AN EXTENSIVE EXERCISE UNDERTAKEN BY THE HKCSI ON ITS OWN INITIATIVE.
HE SAID THE EXERCISE HAD PRODUCED VALUABLE INPUTS TO THE CONSULTATIVE PROCESS BETWEEN THE GOVERNMENT AND THE PRIVATE SECTOR REGARDING THE CURRENT URUGUAY ROUND NEGOTIATIONS ON TRADE IN SERVICES.
"THE HKCSI'S STATEMENT OF PRINCIPLES CONSISTS OF VIEWS FROM A WIDE SPECTRUM OF SERVICE INDUSTRIES ON THE MAIN PROVISIONS THAT SHOULD BE COVERED IN A SERVICE AGREEMENT.
"THE STATEMENT WOULD DEFINITELY BE USEFUL IN PROVIDING GUIDANCE TO OUR STRATEGY IN THESE NEGOTIATIONS.
"NOT ONLY DOES THE STATEMENT FACILITATE THE GOVERNMENT'S ASSESSMENT OF THE INDUSTRIES' BROAD THINKING ON WHETHER FUNDAMENTAL GATT PRINCIPLES SHOULD APPLY HERE, BUT IT ALSO SHEDS MUCH LIGHT ON THE ACTUAL BARRIERS ENCOUNTERED BY OUR SERVICE INDUSTRIES IN EXPORTING THEIR SERVICES OVERSEAS, MR CHAN SAID.
HE SAID THE GOVERNMENT SHARED WITH THE HKCSI A FIRM COMMITMENT TOWARDS THE SUCCESS OF THE URUGUAY NEGOTIATIONS, AND IN PARTICULAR TOWARDS FRAMEWORK AGREEMENT ON TRADE IN SERVICES.
ROUND MULTILATERAL TRADE CONCLUDING A MULTILATERAL
"THE STRONG SUPPORT RENDERED BY THE INDUSTRIES HAS INDEED STRENGTHENED THE HANDS THE DIFFICULT TALKS AHEAD, MR CHAN SAID.
"
"THE GOVERNMENT WILL CONTINUE TO WORK
HKCSI AND OUR SERVICE OF OUR NEGOTIATORS
CLOSELY
IN
WITH THE HONG RUN-UP ΤΟ THE
KONG COALITION OF SERVICE INDUSTRIES, NOT ONLY IN THE END OF THE URUGUAY ROUND BUT ALSO BEYOND, IN PROMOTING THE DEVELOPMENT OF HONG KONG'S SERVICE INDUSTRIES WHICH ARE COMMANDING AN INCREASINGLY IMPORTANT SHARE IN HONG KONG'S ECONOMIC GROWTH," HE
ADDED.
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