XN000022-1994-02-15 — Page 4

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TUESDAY, FEBRUARY 15, 1994

EXPERT TALKS ON DEFENCE AND PUBLIC ORDER

A FOURTEENTH ROUND OF TALKS BETWEEN EXPERTS OF THE BRITISH AND CHINESE SIDES OF THE JOINT LIAISON GROUP TO DISCUSS MATTERS RELATING TO HONG KONG'S FUTURE DEFENCE AND PUBLIC ORDER WILL BE HELD IN HONG KONG FROM 22 TO 25 FEBRUARY, THE BRITISH TEAM WILL BE LED BY BRITISH REPRESENTATIVE MR ALAN PAUL. THE CHINESE TEAM WILL BE LED BY CHINESE REPRESENTATIVE MR LUO JIAHUAN. THEY WILL BE ASSISTED BY EXPERTS FROM THE TWO SIDES.

HK TO HOLD TALKS ON TEXTILES WITH U.S.

HONG KONG AND THE UNITED STATES ARE TO HOLD TALKS ABOUT TEXTILES ISSUES ON FEBRUARY 16 AND 17 IN WASHINGTON DC.

THE DEPUTY DIRECTOR-GENERAL OF TRADE, MR CHRISTOPHER JACKSON, ACCOMPANIED BY A SMALL DELEGATION FROM THE TRADE DEPARTMENT AND SENIOR PRINCIPAL TRADE CONTROLS OFFICER OF THE CUSTOMS AND EXCISE DEPARTMENT, MR Y Y LEUNG, WILL MEET WITH OFFICIALS FROM THE U.S. TRADE REPRESENTATIVES OFFICE AND U.S. DEPARTMENT OF COMMERCE ΤΟ CONTINUE DISCUSSIONS BEGUN DURING BILATERAL TALKS HELD IN HONG KONG LAST SEPTEMBER.

ON THAT EARLIER OCCASION THE

U.S. CHIEF TEXTILE NEGOTIATOR, AMBASSADOR JENNIFER HILLMAN LED A U.S. TEAM ON A VISIT TO HONG KONG WHICH INCLUDED A DETAILED BRIEFING ON HONG KONG'S TEXTILES CONTROL SYSTEM AND A VISIT TO THE BORDER.

A STATEMENT WAS ISSUED FOLLOWING THESE TALKS IN WHICH THE UNITED STATES EXPRESSED APPRECIATION FOR HONG KONG'S EFFORTS TOWARDS COMBATTING TRANSHIPMENT.

THE MEETING IN

PLACE TO CONTINUE THE

WASHINGTON WILL REVIEW THE ARRANGEMENTS IN ENFORCEMENT OF THE TEXTILES CONTROL SYSTEM UNDER THE TERMS OF THE HONG KONG/U.S. TEXTILES AGREEMENT.

ANALYSIS OF HK'S RE-EXPORT TRADE IN 1993

* * * * *

RE-EXPORTS ACCOUNTED FOR 79% OF THE VALUE OF TOTAL EXPORTS AND 39% OF THE TOTAL VALUE OF EXTERNAL TRADE OF HONG KONG IN 1993.

IN 1992, THE RESPECTIVELY.

CORRESPONDING

SHARES

WERE 75% AND 37%

/THESE FIGURES -