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MONDAY, NOVEMBER 14, 1994
FS MEETS WITH PRESIDENT SUHARTO
THE FINANCIAL SECRETARY, SIR HAMISH MACLEOD, MET WITH PRESIDENT OF INDONESIA IN THE STATE PALACE IN JAKARTA THIS (MONDAY)
SUHARTO MORNING.
SPEAKING TO REPORTERS AFTER THE MEETING, SIR HAMISH SAID HE HAD HAD "A VERY FRIENDLY AND GOOD DISCUSSION" WITH PRESIDENT SUHARTO.
SIR HAMISH SAID THE DISCUSSIONS MAINLY FOCUSED ON THE MEETINGS WHICH WOULD START THIS EVENING AND TOMORROW.
"I AM HOPEFUL THAT WE WILL GET A GOOD, CLEAR DECLARATION AT THE END OF THE MEETING TOMORROW ON MOVING TOWARDS FREE TRADE BY A CERTAIN DATE, HE SAID.
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SIR HAMISH ADDED: WHILE THAT IS THE MOST IMPORTANT GET OUT OF THIS MEETING, WE MUST NOT LOSE SIGHT OF ALL THE OTHER IMPROVEMENTS THAT WE WANT APEC TO CARRY ON WITH.
"THERE IS A DANGER THAT AS TARIFFS AND QUOTAS COME PROTECTIONISM MOVES IN TO OTHER AREAS LIKE ANTI-DUMPING MEASURES, DIFFERENT STANDARDS, LIKE LINKAGES TO LABOUR LEGISLATION AND SO HE SAID.
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"BUT THE GENERAL THRUST HERE, THE GENERAL ENTHUSIASM, CERTAINLY VERY MUCH MOVING TOWARDS FREE TRADE. SO I HOPE THAT WE CARRY ALONG THE FEW WHO HAVE RESERVATIONS WITH THIS IN THE NEXT COUPLE OF DAYS," HE SAID.
3RD QUARTER DOMESTIC EXPORT FIGURES
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THE THIRD QUARTER OF 1994, THE FOUR MAJOR INDUSTRIES OF TEXTILES; WEARING APPAREL; CONSUMER ELECTRICAL AND ELECTRONIC PRODUCTS; AND MACHINERY, EQUIPMENT, APPARATUS, PARTS AND COMPONENTS TOGETHER ACCOUNTED FOR 71% OF HONG KONG'S TOTAL DOMESTIC EXPORTS OF MANUFACTURED GOODS, ACCORDING TO STATISTICS RELEASED TODAY (MONDAY) BY THE CENSUS AND STATISTICS DEPARTMENT,
BILLION,
DOMESTIC EXPORTS OF TEXTILES INCREASED BY 8% TO $14.9 AND OF MACHINERY, EQUIPMENT, APPARATUS, PARTS AND COMPONENTS, BY 10% ΤΟ $8.4 BILLION, IN THE THIRD QUARTER OF 1994 COMPARED WITH A YEAR EARLIER. DOMESTIC EXPORTS OF WEARING APPAREL REMAINED VIRTUALLY UNCHANGED AT $11.8 BILLION.
ON THE OTHER HAND, DOMESTIC EXPORTS OF CONSUMER ELECTRICAL AND ELECTRONIC PRODUCTS DECREASED SLIGHTLY BY 1% TO $8.4 BILLION.
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