XN000022-1990-07-21 — Page 2

SATURDAY, JULY 21, 1990

1

HK TO EXAMINE ANTI-DUMPING CASE

A TRADE DEPARTMENT OFFICIAL TODAY (SATURDAY) EXPRESSED

CONCERN

UNITED

AT THE U.S. DEPARTMENT OF COMMERCE'S FINAL DETERMINATION THAT MAN-MADE

BEING SOLD IN THE FIBRE (MMF) SWEATERS FROM HONG KONG WERE STATES AT LESS THAN FAIR MARKET VALUE.

"WE ARE DISAPPOINTED AT THE DECISION,

H

THE DIRECTOR-GENERAL OF

TRADE, MR T.H. CHAU SAID.

"OUR

ARE MANUFACTURERS

HIGHLY AND BE THE SOURCES

OPERATING IN AN OPEN COMPETITIVE TRADING ENVIRONMENT, AND ARE UNLIKELY TO OF GOODS SOLD AT LESS THAN FAIR MARKET VALUE,

"WE FEEL THAT THE CALCULATIONS AND METHODOLOGY

U.8. UNDER

HAVE ANTI-DUMPING LEGISLATION MIGHT

CONTRIBUTED TO FINDINGS WHICH THE COMMERCIAL REALITIES OF BEAR NO RELATIONSHIP TO

THE BUSINES9

AFFECTED."

"THE HONG KONG GOVERNMENT IS EXAMINING THE CASE AND IF HE SAID. NECESSARY WILL TAKE THE MATTER UP WITH THE U.S. AUTHORITIES,

MR CHAU ALSO POINTED OUT THAT, UNDER U.S. LEGISLATION, ALTHOUGH EFFECTIVE, A CASH DEPOSIT EQUAL TO THE DUMPING MARGINS IS IMMEDIATELY THE ANTI-DUMPING DUTY WILL BE CONFIRMED ONLY IF IT IS ESTABLISHED

HAVE CAUSED THAT THE "DUMPED" GOODS

INJURY TO THE U.S. INDUSTRY PRODUCING SIMILAR PRODUCTS.

SEPARATELY CONDUCTED

AN INJURY STUDY ON MMF SWEATERS IS BEING BY THE U.S. INTERNATIONAL TRADE COMMISSION (ITC), AND A WHETHER THERE IS INJURY IS EXPECTED BY SEPTEMBER 4, 1990.

DECISION ON

CLOSELY

"THE TRADE DEPARTMENT WILL CONTINUE TO WORK INDUSTRY AND OFFER EVERY POSSIBLE ASSISTANCE," MR CHAU SAID.

WITH

THE

LONGER LEAVE FOR LONG-SERVING WORKERS

WORKERS WILL GET SEVEN MORE DAYS OF PAID ANNUAL LEAVE NEXT FIVE YEARS DEPENDING ON THEIR LENGTH OF SERVICE UNDER A AMENDMENT TO THE EMPLOYMENT ORDINANCE.

"WITH EFFECT FROM JULY 13, AN EMPLOYEE WITH THREE

IN

THR RECENT

YBARS'

SERVICE IS ENTITLED TO EIGHT DAYS' PAID ANNUAL LEAVE, AN EMPLOYER WITH 'FOUR YEARS ENTITLED TO NINE DAYS AND THOSE WITH FIVE YEARS OR LONGER GET 10 DAYS," A SPOKESMAN FOR THE LABOUR DEPARTMENT SAID TODAY (SATURDAY).

"THE MAXIMUM

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