XN000022-1994-07-06 — Page 4

WEDNESDAY, JULY 6, 1994

INTERNATIONAL TEXTILES AND CLOTHING BUREAU MEETING "VERY USEFUL"

OF DIRECTOR-GENERAL

TRADE MR

THOMAS YIU TODAY MEETING OF (WEDNESDAY) DESCRIBED AS "VERY USEFUL" THE RECENT COUNCIL

HELD BUREAU (ITCB)

IN

DEPUTY

INTERNATIONAL TEXTILES AREQUIPA, PERU.

THE

ROUND

AND

CLOTHING

THE

CONCLUSION OF EFFECT

OF

WELCOMED "ITCB MEMBERS HAVE

THE URUGUAY

OF

WHICH TALKS

WILL HAVE THE

AND REINFORCING STRENGTHENING THE MULTILATERAL TRADING SYSTEM," SAID MR YIU WHO LED HONG KONG DELEGATION TO THE FIVE-DAY MEETING.

A

OF "IN PARTICULAR, THEY HAVE WELCOMED THE DEFINITIVE PHASE-OUT

RESTRICTIONS AND FULL ALL MULTIFIBRE ARRANGEMENT-BASED QUANTITATIVE

SECTOR CLOTHING

INTO THE INTEGRATION OF THE TEXTILES

GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT) IN 10 YEARS.

AND

'THEY HAVE CALLED UPON THE IMPLEMENT THE INTEGRATION PROGRAMME IN A

TEXTILES

AND

DEVELOPED IMPORTING COUNTRIES

CREDIBLE MANNER UNDER THE

то

RECOGNISING

THE

AGREEMENT ON

DULY (ATC), CLOTHING ASPIRATIONS AND INTERESTS OF ALL ITCB MEMBERS.

++

MR YIU SAID THE CURRENT TARGET DATE FOR THE COMING INTO OF THE URUGUAY ROUND AGREEMENTS, INCLUDING THE 1995 WHEN THE PROCESS OF TEXTILES AND CLOTHING WOULD BEGIN.

LIBERALISATION

EFFECT

ATC, WAS JANUARY OF INTERNATIONAL

TRADE IN

ORGANISATION OF TEXTILES PROVIDING THE FORUM HONG KONG, TO EXCHANGE VIEWS AND AFFECTING INTERNATIONAL

HE SAID THE ITCB WAS A GENEVA-BASED EXPORTING DEVELOPING COUNTRIES AND TERRITORIES,

MEMBERS, INCLUDING FOR ITS 22 CO-ORDINATE ACTIONS TRADE IN TEXTILES AND CLOTHING.

ON MAJOR

DEVELOPMENTS

MR YIU SAID THE QUOTING A COMMUNIQUE ISSUED BY THE MEETING, ITCB UNDERLINED THE NEED FOR A STRONG AND

TEXTILES EFFECTIVE BY

DEVELOPED IMPORTING MONITORING BODY TO ENSURE THAT ACTIONS TAKEN COUNTRIES ARE IN FULL CONFORMITY WITH THE PROVISIONS OF THE ATC.

ATTEMPT BY ANY MAJOR TRADING HE SAID THE ITCB DEPLORED ANY

OF THE ATC, ENTITY TO UNILATERALLY INTERPRET SOME OF THE PROVISIONS

TO THE CONCEPT OF AND IT CONSIDERED THAT SUCH ATTEMPTS RAN COUNTER

AND THEREFORE MULTILATERALISM ENSHRINED IN THE URUGUAY ROUND RESULTS COULD NOT BE ACCEPTED.

ON THE EUROPEAN UNION (EU), CONSIDERED THE POSSIBLE EFFECTS OF ITS CLOTHING EXPORTS OF ITCB MEMBERS.

HE

THE

SAID,

ITCB COUNCIL HAD ENLARGEMENT ON TEXTILES AND

ENLARGEMENT MUST NOT HAVE AN

URGED THE

TRADE

THE COUNCIL STRESSED THAT THE ADVERSE IMPACT ON EXPORT OPPORTUNITIES OF ITCB MEMBERS AND EU TO ENSURE INCREASED MARKET ACCESS AND IMPROVED POTENTIAL FOR EXPANSION SUBSEQUENT TO ITS ENLARGEMENT, HE SAID.

/SHOULD ITCB