XN000022-1994-10-14 — Page 26

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FRIDAY, OCTOBER 14, 1994

MUN TOWN

BY

THE ACP EXHIBITION, HELD AT THE ATRIUM OF THE TUEN PLAZA, IS THE FIFTH OF THE 10 LOCAL EXHIBITIONS BEING ORGANISED NAPCO TO KEEP MEMBERS OF THE PUBLIC ABREAST OF THE TREMENDOUS PROGRESS ON THE 10 ACP PROJECTS.

THE TUEN MUN TOWN PLAZA EXHIBITION IS OPEN DAILY FROM 10 AM 8 PM UNTIL SUNDAY (OCTOBER 16).

ΤΟ

MEMBERS

OF

SIU-

ALSO OFFICIATING AT TODAY'S OPENING CEREMONY WERE THE LEGISLATIVE COUNCIL, MR LAU WONG-FAT, MR ALFRED TSO, MR TANG TONG, MR ZACHARY WONG; AND THE DIRECTOR OF NAPCO, MR BILLY LAM.

HONG KONG SUPPORTS FREE TRADE IN ASIA-PACIFIC

* * * * *

SIR HAMISH

MACLEOD,

STATE THE

WILL THE

SECRETARY, FINANCIAL UNEQUIVOCALLY HONG KONG'S SUPPORT FOR THE VISION OF FREE TRADE IN ASIA-PACIFIC REGION DURING THE SECOND ECONOMIC LEADERS MEETING OF ASIA PACIFIC ECONOMIC CO-OPERATION (APEC) IN INDONESIA NEXT MONTH.

THE

THE

ΤΟ SPEAKING ON "FREE TRADE AND APEC: A NEW WAY FORWARD?" INDIAN CHAMBER OF COMMERCE TODAY (FRIDAY), SIR HAMISH SAID HE BELIEVED SENSE THAT SUCH A VISION SHOULD GIVE APEC A SENSE OF DIRECTION AND A OF COMMON PURPOSE.

"HONG KONG WANTS APEC TO SUCCEED. ARCHITECT FOR FREE TRADE IN ASIA-PACIFIC.

FRAMEWORK,

APEC

WE SEE APEC AS THE PRINCIPAL

GENERAL AGREEMENT ON

то WAY THE

GLOBAL

"PLAYING A ROLE COMPLEMENTARY TO THE

LEAD CAN AND TRADE LIBERALISATION," HE SAID.

TARIFFS

SIR HAMISH SAID HE ALWAYS BELIEVED THAT TRADE WERE THE MOST POWERFUL ENGINES BEHIND GROWTH.

AND INVESTMENT

"THE MOST OPEN ONE IS, THE MORE COMPETITIVE AND SUCCESSFUL BECOMES," HE SAID.

ONE

MADE

WOULD ALSO CONSIDER SIR HAMISH SAID APEC ECONOMIC LEADERS RECOMMENDATIONS ON LAUNCHING THE PROCESS OF TRADE LIBERALISATION BY APEC'S EMINENT PERSONS GROUP (EPG).

EPG HAS RECOMMENDED THAT THE PROCESS SHOULD START IN THE 2000 AND THE FREE TRADE GOAL SHOULD BE ATTAINED BY THE YEAR 2020.

YEAR

SIR HAMISH SAID AS ONE OF THE FREEST, IF TRADERS OF THE WORLD,

NOT THE FREEST, HONG KONG FULLY EMBRACED THE FREE TRADE GOAL.

TO "WE

WOULD IN FACT BE OVERJOYED IF THE FREE TRADE GOAL WERE

TARIFF FREE, QUOTA BE REACHED TODAY! HONG KONG IS ALREADY FREE

11 HE SAID. FREE, DISCRIMINATION FREE,

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