XN000022-1994-11-19 — Page 2

SATURDAY, NOVEMBER 19, 1994

1.

GOVERNOR HAS FINAL FULL DAY IN THE UNITED STATES

PLEA

THE GOVERNOR, THE RT HON CHRISTOPHER PATTEN YESTERDAY (FRIDAY), CONCLUDED HIS TOUR OF THE WEST COAST OF THE UNITED STATES WITH A TO CONGRESS TO RATIFY THE URUGUAY ROUND OF THE GATT.

OF

AS IN

ADDRESSING A LUNCHEON MEETING OF THE WORLD AFFAIRS COUNCIL SEATTLE, MR PATTEN SAID THAT HE OBSERVED IN THE UNITED STATES, EUROPE, A GROWING ARGUMENT IN FAVOUR OF PROTECTIONISM.

TO LOWERING THE THOSE COUNTRIES LESS COMPETITIVE,

"I THINK PROTECTIONISM, AS WE RECALL FROM THE '20S AND '30S, IS THE SUREST ROUTE TO IMPOVERISHING THE ALREADY POOR, LIVING STANDARDS OF THE BETTER OFF, AND TO MAKING WHICH SEEK TO 'PROTECT' THEIR WAY OUT OF PROBLEMS AND THEREFORE LESS PROSPEROUS, MR PATTEN SAID.

THERE WERE WERE POSSIBLE

MR PATTEN TOLD HIS AUDIENCE THAT HE THOUGHT THAT

TRADE WHICH PEACEFUL THAN LESS CONFLICTS CONSEQUENCES OF A GROWTH OF PROTECTIONISM.

OTHER

то

ISN'T

"IF THE URUGUAY ROUND, 12 YEARS IN THE MAKING, DOESN'T LEAD THE RAPID ESTABLISHMENT OF THE WORLD TRADE ORGANISATION, IF IT RATIFIED

WORLD, IT WON'T BE

MISSED.

AROUND

THE

JUST A

SMALL

OPPORTUNITY

**

INTO

URUGUAY

ROUND WAS

"I THINK WE WILL RISK SLIDING AND SLITHERING BACK DOWN THE HILL MR PATTEN WARNED, STRESSING THAT PROTECTIONISM, MUCH WORSE

ΤΟ OPPORTUNITY AN

UNDO SOME OF ALSO

THE

PROTECTIONIST DAMAGE OF THE PAST.

CONGRESS CLINTON HAD

HE SAID HE HOPED THAT IN THE NEXT TWO OR THREE WEEKS WOULD RATIFY THE URUGUAY ROUND AGREEMENT, AS PRESIDENT BEEN URGING THEM TO DO.

GEOGRAPHICAL

MR PATTEN SAID HE BELIEVED THAT, BECAUSE OF THEIR POSITION LOOKING OUT TOWARDS ASIA, THE PEOPLE OF THE PACIFIC NORTHWES' KNOW BETTER THAN ALMOST

THE OPPORTUNITIES AND ANYBODY ELSE

ASIA

JOINING WITH EUROPE JOINING WITH IN PROSPECTS PROMOTING AND REDUCING TRADE BARRIERS.

-

AND

-

THE IN

THE GOVERNOR'S FINAL FULL DAY OF HIS VISIT TO THE UNITED STATES

MORNING AT BORING HE SPENT PART OF THE

COMPANY'S WAS A BUSY ONE.

BY MR HE WAS MET

FRANK SHRONTZ, IN HEADQUARTERS

SEATTLE, CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER OF BOBING.

WHERE

MR AND MRS PATTEN VIEWED PRODUCTION OF THE NEWEST MEMBER OF THE BOEING FLEET, THE 777, AT BOEING FIELD.

WHICH, WHEN IT CATHAY

HAS ORDERED 11 7778 AIRWAYS PACIFIC

AIRPLANE ENTERS SERVICE IN 1995, WILL BE THE WORLD'S LARGEST TWINJET

THE HONG KONG AIRLINE WITH CAPACITY TO SEAT UP TO 440 PASSENGERS. HAS ALSO PLACED OPTIONS ON 11 MORE.

BOEING IS THE LARGEST EMPLOYER IN SEATTLE AFTER THE GOVERNMENT, WITH 82,000 EMPLOYEES.

/LATE IN