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"We are very excited about using the Internet to reach thousands of prospective business partners and to move our messages quickly to the audience of entrepreneurs using the Internet," said Mr Chan.
"We want these leading-edge businesses to know that Hong Kong is their best platform for doing business in Asia."
As the gateway to China and the rest of Asia, Hong Kong is the regional headquarters for more than 700 international firms. Its strategic geographical location, advanced telecommunications and transportation infrastructure and established financial and legal systems have made it the free-est (according to the Heritage Foundation) and most business-friendly (ranked by Fortune Magazine) economy in the world.
The Hong Kong Government has set up offices to advance and safeguard Hong Kong's economic and commercial interests overseas. There are offices in Washington DC, New York, San Francisco, London, Geneva, Brussels, Toronto and Tokyo.
End/Tuesday, May 16, 1995
Abuse of trade rules for protectionist purpose
A Trade Department official today (Tuesday) hit out at the abuse of trade rules saying this would create restrictive, distorting or disrupting effects on international trade.
Addressing a luncheon meeting of the Rotary Club of Hong Kong, Assistant Director-General of Trade, Miss Emma Lau, said it was important that trade rules were put to their proper use.
"In the playing field of international trade, rules can be extremely useful and valuable if they are used as tools to construct a free and open multilateral trading system and to build up liberal and open trade regimes," she said.
"Therefore, our playing field of international trade, which is currently centred on the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO), is governed by rules on tariffs and non-tariff barriers, on export subsidies, on anti-competitive trade practices and on dispute settlement."
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