XN000022-1992-05-08 — Page 19

FRIDAY, MAY 8, 1992

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ITCB

IT DIRECTED THE

SECRETARIAT TO STUDY OF THE RANGE OF POSSIBLE OPTIONS FOR DECISION BY SEPTEMBER 1992, IN THE LIGHT OF THE URUGUAY ROUND.

PREPARE AN ANALYTICAL ITS CONSIDERATION AND DEVELOPMENTS OF THE

THE COUNCIL MADE AN EVALUATION OF THE TEXTILE AGREEMENT CONTAINED IN THE DRAFT FINAL ACT OF THE URUGUAY ROUND.

IT PAID PARTICULAR ATTENTION TO ITS PROVISIONS RELATING TO ELEMENTS IN THE ECONOMIC PACKAGE.

THE

THE COUNCIL NOTED THAT THERE WERE STILL A FEW OUTSTANDING ISSUES IN THE TEXTILE TEXT WHICH HAVE TO BE SETTLED.

IT DESIRED THAT THE REPRESENTATIVES OF ITS MEMBERS AT GENEVA SHOULD SEEK THEIR RESOLUTION AS EARLY AS POSSIBLE.

DEVELOPED PRACTICAL

TAKING INTO ACCOUNT THE SPECIAL NEEDS OF THE LEAST COUNTRIES, THE COUNCIL REITERATED ITS SUPPORT FOR THE APPLICATION OF DIFFERENTIAL AND MORE FAVOURABLE TREATMENT FOR THE EXPORTS OF THEIR TEXTILE PRODUCTS.

ROUND

TAKING INTO ACCOUNT CHINA'S PARTICIPATION IN THE URUGUAY AS WELL AS IN THE MFA, THE COUNCIL DECIDED TO EXTEND ITS FULL SUPPORT FOR CHINA'S PARTICIPATION IN THE TEXTILE AGREEMENT.

THE COUNCIL WELCOMED THE OFFER OF JAMAICA то HOST THE NEXT COUNCIL MEETING IN JAMAICA.

THE ITCB AND ITS

OF

PARTICIPANTS EXPRESSED THEIR DEEP APPRECIATION FOR THE EXCELLENT ARRANGEMENTS MADE BY THE GOVERNMENT THE PEOPLE'S REPUBLIC OF CHINA AND FOR THE WARM HOSPITALITY EXTENDED TO THEM."

**

DUTIABLE COMMODITIES (AMENDMENT) REGULATION GAZETTED

* *

THE DUTIABLE COMMODITIES (AMENDMENT) REGULATION 1992, SEEKS TO REQUIRE A LICENSEE OF A BREWERY TO SUBMIT RETURNS MONTHLY INSTEAD OF A WEEKLY BASIS, WAS GAZETTED TODAY (FRIDAY).

WHICH

ON

A

"THE PREVIOUS REQUIREMENT TO SUBMIT WEEKLY RETURN IN RELATION TO THE BUSINESS OF BREWING OR MAKING BEER CAUSED SOME ADMINISTRATIVE INCONVENIENCE TO THE LOCAL BREWERIES," A GOVERNMENT SPOKESMAN SAID.

THE SPOKESMAN ADDED THAT THE CHANGE WOULD NOT PUT THE REVENUE FROM DUTY AT RISK BECAUSE THE PRESENT SYSTEM OF AUDIT AND PHYSICAL STOCK CHECKS WILL CONTINUE TO PROVIDE THE NECESSARY SAFEGUARDS.

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