TNAG-1136-FCO40-1416-Address-by-Sir-Edward-Youde--Governor-of-Hong-Kong--to-the-L-1982 — Page 97

We have no reason to believe that those but in its safety. involved will be other than responsible in their attitude to the safety of the plant both in construction and operation. And I should like to assure Honourable Mambere that, in so far is likely to affect Hong Kong, we shall keep this issue under close and careful revid

(e)

Prospects for 1983

;

28:

(1) The Economy as a whole

all that can be As regards our proapoots for 1983, said is this: to the extent that a donesneys can be detected. it is that things are likely to be better in 1983 than in 1982. Hopefully, improved growth in several economies, such as the United States and Germany may bring about come recovery in world trade. As the prices of our domestic exports should now be very competitive, having remained stable so far this year. am confident that our expert sector will be quick to capitalise on any recovery that may occuri

29.

(11) Textiloo aqzcomenta

I

in

Prospects for our textile and clothing industries particular are much influenced by our textiles agreements with our major markets.

30.

A new bilateral toxtiles agreement covering the period. 1982 to 1987 was concluded with the US in March,

·

31.*

The existing 5-year

agroczent

the with

European Community governing Hong Kong's exports of textile products to the 'Community WilSpize at the end of 1982. Negotiations. for a new agreepent̃ häve yet to be concluded.

that

You may be assured have been fasbluse in defending Hong Kong' a

interest

and in bringing Home both to the Community and to HMG, the importance of these negotiations to uð.

/32. It 1