XN000022-1993-04-23 — Page 16

15

FRIDAY, APRIL 23, 1993

"THE TTRS IS A REGISTRATION AND NOTIFICATION SPOKESMAN FOR THE TRADE DEPARTMENT EXPLAINED.

SYSTEM," A

"REGISTERED TRADERS WILL ONLY BE REQUIRED TO SUBMIT ΤΟ THE CARRIER AT THE TIME OF SHIPMENT A NOTIFICATION CONTAINING INFORMATION ON THE CONSIGNMENT IN QUESTION. THE NOTIFICATION WILL THEN BE RETURNED TO THE TRADE DEPARTMENT BY THE CARRIER, TOGETHER WITH THE MANIFEST.

"TRADERS ARE NO LONGER REQUIRED TO COME TO THE DEPARTMENT IN PERSON TO OBTAIN THE RELEVANT LICENCES BEFORE THE IMPORTATION OR EXPORTATION OF THOSE TEXTILES COVERED BY THE SCHEME, THE SPOKESMAN

SAID.

HE ADDED THAT THE TTRS WAS A MORE CONVENIENT ALTERNATIVE TO THE EXISTING LICENSING ARRANGEMENTS. IT IS NOT A REPLACEMENT OF THE EXISTING TEXTILES LICENSING SYSTEM AND IS NOT COMPULSORY.

"TRADERS WHO PREFER TO APPLY ΤΟ THE DEPARTMENT FOR THE RELEVANT LICENCES BEFORE SHIPMENT CAN CONTINUE TO DO SO," HE SAID.

THE TTRS WILL ALSO ENSURE THAT CARRIERS AND FORWARDERS WILL CONTINUE TO ENJOY THE BENEFITS OF THE SMOOTH AND EXPEDITIOUS FLOW OF TRANSHIPMENT ARRANGEMENTS CURRENTLY ALLOWED UNDER THE TCES.

IN ORDER TO BETTER TRACK DOWN ILLEGAL TRANSHIPMENT OF TEXTILES PRODUCTS, CARRIERS AND FORWARDERS WILL BE REQUIRED TO SUBMIT DETAILS OF EACH CONSIGNMENT TO THE DEPARTMENT.

MEANWHILE, HE EMPHASISED THAT THE LICENSING ARRANGEMENTS IN RESPECT OF DOMESTIC EXPORT OF TEXTILE PRODUCTS, WHETHER UNDER QUOTA OR NOT, TO RESTRAINED MARKETS WILL REMAIN UNCHANGED.

IN OTHER WORDS, THE EXISTING TEXTILES CONTROL REGISTRATION AND RELATED LICENSING PROCEDURES WILL CONTINUE.

APPLICATIONS FOR REGISTRATION OF TEXTILES TRADERS UNDER THE TTRS WILL BE ACCEPTED FROM NEXT SATURDAY (MAY 1).

UPON APPROVAL, THE REGISTRATION WILL BE VALID FOR 12 MONTHS SUBJECT TO ANNUAL RENEWAL. THE CURRENT ANNUAL REGISTRATION FEE IS $2,000.

AND

"TRADERS ARE INVITED TO APPLY FOR REGISTRATION EARLY IN ORDER TO BE ABLE TO TAKE ADVANTAGE OF THE SCHEME STARTING JULY 1, THE SPOKESMAN SAID.

THE TRADE DEPARTMENT WILL SHORTLY PUBLISH CIRCULARS GIVING OUT DETAILS OF REGISTRATION PROCEDURES.

THESE CIRCULARS WILL BE MAILED то TEXTILES IMPORTERS REGISTERED WITH THE TRADE DEPARTMENT AS WELL AS THOSE WHO ARE SUBSCRIBERS TO THE DEPARTMENT'S CIRCULARS.

MEMBERS OF THE PUBLIC INTERESTED CAN GET COPIES OF THE CIRCULARS FROM THE TRADE DEPARTMENT ENQUIRY COUNTER ON THE GROUND FLOOR, TRADE DEPARTMENT TOWER, 700 NATHAN ROAD, KOWLOON.

/16