XN000022-1994-11-16 — Page 7

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WEDNESDAY, NOVEMBER 16,

1994

MEMBERS OF APEC HOW DOES MENTION

QUESTION:

IS IT NOW THE CASE THAT THE STRONGER HELPING THE WEAKER MEMBERS? IS THAT HOW IT WORKS OUT? AND THAT WORK OUT IN PRACTICE TO HELP TO IMPLEMENT IT? OR DID YOU THAT?

DEPENDS ON IT'S OWN

FS:

YES, IT WAS MENTIONED. AGAIN I GUESS IT YOUR PERCEPTION, OF COURSE AS WE SEE IT, FREE TRADE BRINGS REWARDS REGARDLESS OF WHAT OTHERS DO, SO WE ARE RATHER LESS LOOKING AT I IT AS STRONG HELPING WEAK OR MORE DEVELOPED HELPING LESS DEVELOPED.

THEN THEY WILL ALL THINK AS THAT GROUP LOWERS BARRIERS TO TRADE

FOR BENEFIT. THERE'S NO NEED FOR GREAT AGONISING. BUT I REALISE THAT

THE WORD SOME OF THEM IT IS DIFFICULT, AND I JUST HAVE TO MENTION

SIGNED UP AND AGRICULTURE ΤΟ ILLUSTRATE IT. SO THE FACT THAT THEY

PRETTY THERE IS NO EXCLUSION CLAUSE THERE FOR PARTICULAR SECTORS IS A GOOD ACHIEVEMENT.

QUESTION:

GATT GETTING IN BY THE END OF THE YEAR DIMMING?

QUICK QUESTION ABOUT

CHANCE TOO. IS CHINA'S

OF

FS:

MEETING, IT

I

IT WASN'T DISCUSSED AT ALL IN THE LEADERS MAY HAVE BEEN DISCUSSED IN BILATERAL MEETINGS, BUT NOT IN ANY THAT

FRESH INSIGHT WAS AT. IT DIDN'T REALLY COME UP SO I DON'T HAVE ANY INTO THAT PARTICULAR ISSUE.

QUESTION:

OVER THAT TIME, IT SEEMS LIKE THERE IS MORE TALK CHINA NOT GETTING IN BY THE END.

ABOUT

FS:

IT

YEAR WAS A WELL, I NEVER THOUGHT THAT THE END OF THE PARTICULARLY MEANINGFUL DATE, THERE IS A SORT OF PSYCHOLOGY THERE,

OBLIGATIONS DOESN'T ACTUALLY MAKE ANY DIFFERENCE TO ONE'S RIGHTS AND

LATFR. IT MAKES NO WHETHER ONE IS IN BY THE END OF THE YEAR OR DIFFERENCE WHATSOEVER.

AN URGENCY FOR

QUESTION:

SIR HAMISH, DO YOU FEEL THAT THERE IS THE LAND COMMISSION TOMORROW TO ACHIEVE ALL THE TARGETS?

FS:

DOES, BECAUSE FINANCING SIDE,

I HOPE SO, IT WILL BE VERY HELPFUL IF IT WE HAVE MADE IT VERY CLEAR THAT THE SIGNING OF THE FINANCING AGREEMENTS WAS ONLY PART OF THE STORY AND IT WILL REASSURING IF THE LAND COMMISSION COMES TO A CONCLUSION THIS WEEK.

QUESTION:

DO YOU HAVE A TIMETABLE FOR IT?

BE VERY

FS:

NO, 1 HOPE IT WILL BE

TOMORROW. WE'LL

SER. THANK

YOU

1

VERY MUCH.

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