XN000022-1992-05-21 — Page 18

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THURSDAY, MAY 21, 1992

HK TO ATTEND PACIFIC ECONOMIC CO-OPERATION COUNCIL

A HONG KONG DELEGATION WILL ATTEND THE PACIFIC CO-OPERATION COUNCIL (PECC) STANDING

ECONOMIC COMMITTEE MEETING TO BE HELD TOMORROW (FRIDAY) IN SEATTLE.

LED BY CHAIRMAN OF THE HONG KONG COMMITTEE FOR PACIFIC ECONOMIC CO-OPERATION (HKCPEC) AND MANAGING DIRECTOR OF LAM SOON HONG KONG GROUP, DR RAYMOND K.F. CH'IEN, THE DELEGATION INCLUDES SECRETARY- GENERAL OF HKCPEC AND ASSISTANT DIRECTOR-GENERAL OF TRADE, MR JOHN TSANG.

C.

"HONG KONG INTENDS TO PLAY AN ACTIVE ROLE IN ECONOMIC CO-OPERATION IN THE ASIA-PACIFIC REGION, BEING THE FOURTH LARGEST TRADING ENTITY IN THE REGION AND WITH TRADE WITH THE ASIA-PACIFIC ACCOUNTING FOR 78% OF HONG KONG'S TOTAL MERCHANDISE TRADE LAST HONG KONG WILL CONTRIBUTE TO,

YEAR, AND BENEFIT FROM, REGIONAL ECONOMIC CO-OPERATION," DR CH'IEN SAID.

HKCPEC WAS SET UP ON MARCH 19, 1990 ΤΟ ADVISE ON MATTERS RELATING TO HONG KONG'S PARTICIPATION IN THE PECC AND то CO-ORDINATE HONG KONG'S INPUT TO THE COUNCIL.

IT COMPRISES PROMINENT PERSONS FROM BUSINESS. AND ACADEMIC SECTORS AND FROM THE GOVERNMENT, ALL PARTICIPATING IN THEIR PERSONAL CAPACITY.

HONG KONG WAS ADMITTED TO THE PECC IN MAY LAST YEAR.

PECC IS A NON-GOVERNMENTAL ORGANISATION SET UP IN 1980 ΤΟ DEVELOP CLOSE CO-OPERATION IN TRADE AND ECONOMIC POLICY ISSUES IN THE PACIFIC REGION.

PECC NOW COMPRISES 20 MEMBER COMMITTEES REPRESENTING THE ECONOMIES OF AUSTRALIA, BRUNEI DARUSSALAM, CANADA, CHILE, CHINA, HONG KONG, INDONESIA, JAPAN, KOREA, MALAYSIA, MEXICO, NEW ZEALAND, PERU, THE PHILIPPINES, RUSSIA, SINGAPORE, CHINESE TAIPEI, THAILAND, THE UNITED STATES AND THE PACIFIC ISLAND NATIONS, AND TWO INSTITUTIONAL MEMBERS, THE PACIFIC BASIN ECONOMIC COUNCIL AND THE PACIFIC TRADE AND DEVELOPMENT CONFERENCE.

POLICY MATTERS IN THE PECC ARE HANDLED BY A STANDING COMMITTEE.

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