XN000022-1991-06-13 — Page 6

THURSDAY, JUNE 13, 1991

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INSURANCE AND ACCOUNTANCY ARE EQUALLY WELL PROVIDING SOPHISTICATED AND IN-DEPTH SERVICES WHICH ARR MANY ASIAN COUNTRIES.

"HONG KONG HAS STRONG INTELLECTUAL PROPERTY LAWS VIGOROUSLY ENFORCED. NOT ONLY CAN INTELLECTUAL OK COPYRIGHTS BK REGISTERED PROTECTED, HE SAID.

BUT, MORE IMPORTANT, THEY

DEVELOPED, LACKING IN

WHICH ARE

PHYSICAL ARE ALSO

MR BARMA SAID HONG KONG WAS NO LONGER JUST ANOTHER PLACE то INVEST IN OFF-SIJORE ASSEMBLY.

"WE COMBINE THE ATTRIBUTES OF ENTREPOT PARTICULARLY BUT NOT ONLY FOR CHINA

WITH THAT OF HIGH-TECH MANUFACTURER, EFFICIENT FINANCIAL CENTRE AND SOPHISTICATED COMMUNICATIONS HUB.

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"WE HAVE BECOME ONE OF

THE PRINCIPAL NERVE CENTRES OF THE GLOBAL ECONOMY. WE ARE A PLACE NOT SIMPLY ΤΟ DO BUSINESS IN, BUT FROM WHICH TO MANAGE BUSINESS, HE SAID.

M

MR BARMA SAID HONG KONG HAD EVERY INTENTION OF RETAINING THIS POLE IN THE REGION.

"SO WE ARE INVESTING IN THE FUTURE; INVESTING IN THE HUMAN AND PHYSICAL INFRASTRUCTURE REQUIRED TO REMAIN THE REGION'S PRE-EMINENT COMMERCIAL CENTRE, HE SAID.

ACTION ON U.S. ANTI - DUMPING ORDER ON SWEATERS

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THE TRADE DEPARTMENT ANNOUNCED TODAY (THURSDAY) THAT HONG KONG WOULD REFER THE U.S. ANT | - DUMPING ORDER AGAINST HONG KONG'S EXPORTS OP MAN-MADE FIBRE SWEATERS TO THE COMMITTEE ON ANTI-DUMPING PRACTICES OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT).

A SPOKESMAN FOR THE DEPARTMENT SAID THE DECISION TO DO 80 HAD BEEN TAKEN AFTER CAREFUL CONSIDERATION OF

THE OUTCOME OF THE MAY 23-24 CONSULTATIONS ON THE MATTER IN WASHINGTON REPRESENTATIVES OF THE HONG KONG AND U.S.

HR SAID: DISAGREEMENT.

"UNFORTUNATELY,

THOSE

GOVERNMENTS.

CONSULTATIONS

BETWEEN

ENDED

IN

"IN HONG KONG'S VIEW IMPORTS FROM HONG KONG DID NOT DAMAGE THE INDUSTRY AND THE CASK AGA INST HONG KONG SHOULD THEREFORE BE TERMINATED, IN ACCORDANCE WITH THE ANTI-DUMPING CODE.

U.S.

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IN OUR VIEW THE FINDING DUMPED ALSO WAS UNFOUNDED.

THAT IMPORT'S FROM HONG KONG WERE

/"FOR THESE

: