XN000022-1991-03-18 — Page 4

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MONDAY, MARCH 18, 1991

STUDY

WILL PROVIDE IMPORTANT IN MAXIMISING THEIR EXPORT THE CHANGING MARKET ENVIRONMENT

"WE BELIEVE THE CONSULTANCY INFORMATION TO ASSIST HONG KONG TRADERS OPPORTUNITIES AND IN UNDERSTANDING UNDER A SINGLE MARKET, SHE SAID.

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IN ORDER TO AVOID DUPLICATION OF EFFORT AND OPTIMISE THE USE OF RESOURCES, THE TRADE DEPARTMENT AND HKTDC DECIDED IT WOULD BE MORE COST EFFECTIVE TO ENGAGE THE CONSULTANCY PROJECT JOINTLY.

UNDER ITS TERMS, PRICE WATERHOUSE MANAGEMENT CONSULTANTS ARE TO MONITOR DEVELOPMENTS UNDER THE SINGLE MARKET PROGRAMME WHICH MAY HAVE A BEARING ON HONG KONG'S TRADE AND INDUSTRIAL CO-OPERATION WITH THE EEC AND TO ASSESS THE IMPLICATIONS OF SUCH DEVELOPMENTS SO THAT HONG KONG CAN REACT RAPIDLY AND EFFICIENTLY.

THE INITIAL PERIOD OF THE CONSULTANCY IS ONE YEAR, DURING WHICH PRICE WATERHOUSE MANAGEMENT CONSULTANTS WILL PROVIDE INFORMATION AND ADVICE RELATING TO THE REGULATORY FRAMEWORK OF THE EEC AND ITS MEMBER STATES; CHANGES IN THE MARKET ENVIRONMENT FOR KONG'S PRODUCTS; AND THE ACTIVITIES OF HONG KONG'S COMPETITORS IN EEC WHICH MIGHT AFFECT HONG KONG'S PENETRATION OF THOSE MARKETS.

HONG

THE

THE CONSULTANTS WILL PRESENT THE FINDINGS OF THEIR STUDY IN REGULAR AND TOPICAL REPORTS COVERING SPECIFIC PRODUCTS OR SECTORS OF INDUSTRY.

THE GOVERNMENT AND HKTDC WILL OWN THE COPYRIGHT OF ALL REPORTS PRODUCED UNDER THE CONSULTANCY AGREEMENT.

REPORTS

IT IS EXPECTED THAT THE INFORMATION CONTAINED IN THE WILL BE USEFUL TO TRADERS IN HONG KONG AND HKTDC INTENDS TO PUBLISH THEM FOR REFERENCE BY HONG KONG TRADERS.

LAND COMMISSION MEETING ON WEDNESDAY

THE TWO SIDES OF THE SINO-BRITISH LAND COMMISSION HAVE AGREED THAT THE COMMISSION'S TWENTY-SECOND MEETING WILL BE HELD ON WEDNESDAY (MARCH 20).

THE MEETING WILL DISCUSS THE 1991-92 LAND DISPOSAL PROGRAMME.

IT HAS ALSO BEEN ANNOUNCED THAT DEPUTY SECRETARY FOR CONSTITUTIONAL AFFAIRS, MR PETER LAI, HAS BEEN DESIGNATED AS A MEMBER OF THE BRITISH SIDE OF THE LAND COMMISSION WITH EFFECT FROM MARCH 1, 1991. HE HAS REPLACED MR DARWIN CHEN.

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