1990
+
THURSDAY, MARCH 7, 1991
A STABLE YEAR FOR GARMENT INDUSTRY: STI
* * *
KEEN то
SEE
ON
ΤΟ AVOID FOR
HONG KONG IS
THE GATT (GENERAL AGREEMENT TARIFFS AND TRADE) ANTI-DUMPING CODE TIGHTENED AND IMPROVED ANTI-DUMPING CHARGES BECOMING A PROTECTIONIST TOOL, THE SECRETARY TRADE AND INDUSTRY, MR JOHN CHAN, SAID TODAY (THURSDAY).
HONG KONG SPEAKING AT THE ANNUAL DINNER OF THE FEDERATION OF
THE INTERNATIONAL ARENA THE GARMENT MANUFACTURERS, MR CHAN SAID IN
GROUPS OF GOVERNMENT HAD BEEN ACTIVELY INVOLVED IN MOST NEGOTIATING
ACTIVE THE URUGUAY ROUND UNDER THE GATT AND WOULD CONTINUE TO PLAY AN
TRADE IN TEXTILES AND PART SO THAT FURTHER LIBERALISATION OF WORLD CLOTHING WOULD MATERIALISE.
THE 12TH COUNCIL MEETING
EIGHTH
CLOTHING BUREAU AND THE
OF THE
INTERNATIONAL
TEXTILES AND
ASIA PACIFIC REGIONAL CONSULTATIVE GROUP MEETING TO CO-ORDINATE THE POSITIONS OF PARTICIPATING COUNTRIES OR TERRITORIES ON THE URUGUAY ROUND HAD BEEN HOSTED HERE, HE SAID.
LAST
"IT WAS DISAPPOINTING THAT THE ROUND COULD
NOT BE CONCLUDED
DECEMBER, BUT, WITH ITS RESUMPTION ON FEBRUARY
OF
WORK TOWARDS INCORPORATION GOVERNMENT IS CONTINUING TO CONCERNING THE TEXTILE TRADE INTO THE TERMS OF THE GATT, WITH TO GRADUALLY REPLACING THE EXISTING MULTI-FIBRE AGREEMENT,
25,
THE CLAUSES A VIEW
+
HE SAID.
FOR THE THE
AS A "RATHER STABLE MR CHAN DESCRIBED 1990
YEAR" GARMENT INDUSTRY. BUSINESS HAD A SLUGGISH START, BUT RECOVERED IN SECOND HALF OF THE YEAR, HE SAID.
HAD REMAINED BILLION,
THE CONTRIBUTION OF THIS INDUSTRY TO OUR ECONOMY SIGNIFICANT: THE VALUE OF DOMESTIC EXPORTS AMOUNTED TO $72.2 ACCOUNTING FOR 32 PER CENT OF TOTAL DOMESTIC EXPORTS IN THE YEAR.
AT THE SAME TIME, IT HAD A WORKFORCE OF SOME 250,000, 35 PER CENT OF TOTAL MANUFACTURING EMPLOYMENT.
BUT MR CHAN ADDED THAT THE GARMENT
OR ABOUT
INDUSTRY WAS NOT WITHOUT
PROBLEMS.
"LIKE OTHER INDUSTRIES,
IT
HAS
EXPERIENCED
RECRUITING AND RETAINING WORKERS BECAUSE OF EXPANDING SERVICES SECTOR.
"THE
INCREASE GLOBAL
IN THE
PRICE
DIFFICULTIES
IN THE ATTRACTIONS OF THE
OF
COMMODITIES
AND HAVE MADE
SEMI-MANUFACTURES, AND RISING LABOUR AND PRODUCTION COSTS, IT MORE EXPENSIVE TO PRODUCE LOCALLY NOW THAN BEFORE," HE SAID.
IN
MR
CHAN
ΤΟ THE CHALLENGES, RESPONSE MANUFACTURERS HAD
LABOUR-INTENSIVE SHIFTED MARKET-END PRODUCTS TO CHINA, PARTICULARLY TO MUCH OF THE INDUSTRY'S PRODUCTION
TO HONG
SAID SOME LOCAL PROCESSES IN LOWER NEARBY GUANGDONG, BUT WOULD CONTINUE то BE UNDERTAKEN RULES ORIGIN
ENFORCEMENT
HERE DUE
KONG'S STRICT NECESSITATED BY OUR EXPORT QUOTA SYSTEM.
OF
/AUTOMATION
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