XN000022-1994-09-30 — Page 16

FRIDAY, SEPTEMBER 30, 1994

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LOOK BACK AND "NEARLY A QUARTER OF A CENTURY LATER, WE CAN

TO PASS. TWO-WAY SMILE A LITTLE AT PROPHESIES WHICH DID NOT COME

OF TO THE BENEFIT TO GROW

BOTH EUROPE AND CONTINUED INVESTMENT AMERICA. BUT PERHAPS WE SHOULD NOT SMILE TOO MUCH, BECAUSE PRIMORDIAL THREATS STILL PLAGUE TRADE AND ECONOMIC FEARS ABOUT EXTERNAL INVESTMENT POLICY DEBATE, HE SAID.

.

PERCEIVED

"THE MAJOR COUNTRIES SEEM MORE PREOCCUPIED WITH THE THREAT OF DEVELOPING COUNTRY EXPORTS THAN THE OPPORTUNITY PRESENTED BY NEWLY WEALTHY MARKETS.

—

—

THAT TRADE "THE ASSUMPTION BEHIND THESE FEARS

IS AS FALSE NOW AS IT WAS GROWTH ARE ZERO SUM GAMES WHAT MATTERS IS NOT THE RELATIVE SIZE OF THE SLICES, ECONOMIC PIE CONTINUES TO GROW."*

AND ECONOMIC 25 YEARS AGO. BUT THAT THE

IT WAS ESTIMATED, HE ADDED, THAT NORTH AMERICA, EUROPE AND ASIA WOULD EACH ENJOY A 30 PER CENT SHARE OF THE WORLD'S GDP IN 1995/96 AND ALL WOULD STILL BE GROWING.

TO REFERRING

THE

RATIFICATION OF

THE

URUGUAY

ROUND TRADE AND AGREEMENT UNDER THE GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT)

(WTO) IN THE PLANNED ESTABLISHMENT OF A NEW WORLD TRADE ORGANISATION (WTO)

OF ITS DISPUTE IMPORTANCE 1995, JANUARY

STRESSED THE MILLER SETTLEMENT ROLE.

MR

ADVANCE

SUCE

FUTURE

WORLD

WITHIN, RESOLVE TRADE

"DISPUTES ARE INEVITABLE, BUT LET US RESOLVE, EVEN IN OF FULL IMPLEMENTATION OF THE URUGUAY ROUND, TO SETTLE THESE AND NOT

FOR IT IS ONLY THROUGH WITHOUT THE GATT/WTO.

AND THAT THE STRENGTH ORGANISATION CAN BE SECURED.

THE

..

STATURF

OF THE

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DRAFT LAW ON REGULATION OF FOREIGN EDUCATION INSTITUTIONS

LEGISLATION IS BEING DRAFTED ΤΟ REGULATE NON-LOCAL EDUCATION INSTITUTIONS IN HONG KONG, EDUCATION, MR DOMINTO S W WONG, SAID TODAY (FRIDAY).

THE OPERATION OF THE DIRECTOR OF

ACADEMIC PROGRAMMES

MR WONG WAS SPEAKING AT THE LAUNCH OF THE GUIDE OF THE HONG KONG COUNCIL FOR ACADEMIC ACCREDITATION.

HE SAID WITH THE HONG KONG COUNCIL FOR ACADEMIC ACCREDITATION AS ACADEMIC ADVISER, THE EDUCATION DEPARTMENT WILL ENSURE THAT THE COURSES AND PROGRAMMES OFFERED HERE BY THE NON-LOCAL INSTITUTIONS ARE OF A HIGH STANDARD.

IT WILL ALSO ENSURE THAT THE COURSES AND PROGRAMMES RUN BY THESE BODIES ARE RECOGNISED BY THEIR OWN INSTITUTIONS OVERSEAS AND BY THE ACCREDITING AUTHORITIES IN THEIR COUNTRIES OF ORIGIN.

BE

MR WONG SAID UNDER THE NEW FRAMEWORK, WHICH SHOULD INTRODUCED NEXT YEAR, HONG KONG STUDENTS CAN PURSUE FURTHER QUALIFICATIONS WITH GREATER CONFIDENCE OF THEIR ACCEPTANCE AND VALUE TO THE COMMUNITY,

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