XN000022-1994-03-16 — Page 14

WEDNESDAY, MARCTE 16,

1994

13

OWNERS AND BUILDING

OCCUPANTS FOR PROPER, PREVENTIVE, MAINTENANCE; AND

PREFERABLY

THE COMMUNITY AND PROBLEMS.

AT LARGE FOR VIGILANCE

IN

REPORTING

DANGERS

"TODAY, WE IN

THE

BUILDINGS

TOGETHER

MORE

DEPARTMENT WORK

WITH RUILDING INDUSTRY 10 MAINTAIN PROFESSIONALS AND CONTRACTORS IN THE BUILDING SAFETY, TO MAKE FOR

FUNCTIONALLY EFFICIENT BUILDINGS WORKING AND TO ESTABLISH FOR OUR COMMUNITY A MORE PLEASANT LIVING AND ENVIRONMENT.

"WE ARE ALSO STEADILY ENHANCING PUBLIC AWARENESS

AS SANITATION, FOR BUILDING SAFETY AND BENEFIT AND ECONOMIC VALUE OF BETTER MAINTAINED SAID.

OF THE NEED WELL AS THE ENVIRONMENTAL PROPERTIES. MRS YU

SHE

THIS SAID

HOPE HAD BEEN, AND WOULD REMAIN, DEPARTMENT'S OBJECTIVE FOR BUILDING DEVELOPMENT.

HER

PROVISIONAL ANTI-DUMPING DUTIES ON MAGNETIC DISCS

THE

3.5-INCH

THE COMMISSION OF THE EUROPEAN UNION ANNOUNCED ON MARCH 11 IMPOSITION OF PROVISIONAL ANTI-DUMPING DUTIES ON IMPORTS OF MAGNETIC DISCS ORIGINATING IN HONG KONG.

INDIVIDUAL DUTY RATES RANGING FROM 6.7 PER CENT TO CENT ARE ASSIGNED TO FOUR COMPANIES THAT HAVE PARTICIPATED ANTI-DUMPING INVESTIGATIONS.

THE ALL OTHERS RATE OR "RESIDUAL RATE" WHICH APPLIES OTHER COMPANIES AND NEW ENTRANTS IS SET AT 35.7 PER CENT.

ARE VERY

COMMISSION'S DISAPPOINTED BY THE IMPOSE PROVISIONAL ANTI-DUMPING DUTIES ON 3.5-INCH ORIGINATING IN HONG KONG," ASSISTANT DIRECTOR-GENERAL OF MARIA KWAN, SAID TODAY (WEDNESDAY).

"WE

22.2 PER

IN

THE

TO ALL

DECISION

TO

MAGNETIC DISCS TRADE, MS

"MORE SO GIVEN THAT WE FEEL THAT THE CASE HAS BEEN INITIATED ON FLIMSY EVIDENCE.

"WE

WILL BE LOOKING CAREFULLY AT THE METHODOLOGY USED

SHE SAID. WHETHER THERE HAVE BEEN ABUSES,

ΤΟ SEE

+7

KONG'S "THE RESIDUAL RATE LOOKS PROHIBITIVELY HIGH GIVEN HONG

IT IS SAID TO BE COMPLETELY OPEN MARKET AND COMPETITIVE ENVIRONMENT. BASED ON THE HIGHEST DUMPING MARGIN ALLEGED BY THE COMPLAINANTS.

"WE

ARE HONG

SURPRISED KONG DATA

TO FIND THAT

WAS WHICH

THE SETTING

CHOSB TO OF COURSE UNVERIFIED RESIDUAL

THE COMMISSION

DISREGARD

VERIFIED IN THE INVESTIGATION BUT INSTEAD ACCEPT ARBITRARILY ADJUSTED AND THIRD COUNTRY DATA FROM THE COMPLAINANTS IN

1+

RATE, MS KWAN ADDED.

/THE TRADE