26
WEDNESDAY, NOVEMBER 6, 1991
ON THE PROPOSAL BY SOME MEMBERS ON ESTABLISHMENT OF A FORMAL MECHANISM FOR ECONOMIC CO-OPERATION BETWEEN HONG KONG AND SOUTH CHINA,
PLACES MR CHAU SAID TRADE AND INVESTMENT LINKS BETWEEN THE TWO ALREADY VERY EXTENSIVE.
"THEY
WERK
AND
TRADERS HAVE GROWN UP NATURALLY AND RAPIDLY AS OUR
HAVE MANUFACTURERS
EXPLORED AND TAKEN ADVANTAGE OF BUSINESS OPPORTUNITIES OVER THE BORDER.
"THE HONG KONG TRADE DEVELOPMENT COUNCIL HAS DONE MUCH TO FACILITATE THIS PROCESS.
"GIVEN SOUTH CHINA'S IMMENSE ECONOMIC POTENTIAL, I BELIEVE THAT NEED LINKS WILL CONTINUE TO EXPAND AND FLOURISH WITHOUT THE ECONOMIC FOR ANY FORMAL GOVERNMENT-LED MECHANISM FOR PROMOTING OR CO-ORDINATING OVERALL DEVELOPMENT, HE SAID.
—
ON THE URUGUAY ROUND OF MULTILATERAL TRADE NEGOTIATIONS THE GATT, MR CHAU SAID WE WERE NOW AT THE 11TH HOUR OF THE ROUND IT WAS TIME FOR THE MAJOR PLAYERS THE EUROPEAN COMMUNITY UNITED STATES TO SUMMON UP THE NECESSARY POLITICAL WILL IN ORDER ACHIEVE A BREAKTHROUGH IN AGRICULTURE.
UNDER
AND
AND
THE
TO
"IF THAT CAN BE DONE IN THE NEXT FEW WEEKS, THEN WE FORWARD TO A SUCCESSFUL OUTCOME, HE SAID.
CAN
LOOK
I
ON REGIONAL ECONOMIC CO-OPERATION, MR CHAU SAID HONG KONG ALREADY A MEMBER OF THE PACIFIC ECONOMIC CO-OPERATION CONFERENCE.
KNOWN
WAS
"AT A MINISTERIAL MEETING TO BE HELD NEXT WEEK IN SEOUL, KOREA, AS HONG KONG WILL BECOME A PARTICIPANT IN THE IMPORTANT FORUM ASIA PACIFIC ECONOMIC CO-OPERATION OR APEC.
"SINCE
78% OF HONG KONG'S TRADE IS WITH ECONOMIES IN THE ASIA HONG PACIFIC AND, BEING THE 11TH LARGEST TRADING ENTITY IN THE WORLD, KONG OBVIOUSLY HAS A SIGNIFICANT ROLE TO PLAY IN APEC, HE SAID.
OTHER MEANS SOUGHT FOR FINANCING SEWERAGE STRATEGY
**
THE GOVERNMENT IS CURRENTLY EXAMINING VARIOUS WAYS BY WHICH THE FOR SEWERAGE STRATEGY MIGHT BE FINANCED BY OTHER MEANS, THE SECRETARY
ENVIRONMENT
MR GRAHAM AND LANDS,
TOLD THE PLANNING, LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
BARNES,
SPEAKING IN THE RESUMED DEBATE ON THE GOVERNOR'S POLICY ADDRESS. MR BARNES SAID HONG KONG NEEDED THIS STRATEGY AND IT MUST GO AHEAD.
/"BUT WE
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