TNAG-1610-FCO40-22132-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1987 — Page 303

Supplementary to Question No. 6

in LegCo Meeting on 8.4.87.

MR. NGAI

Sir, can the Government give us any idea about the effectiveness so far of the modified EEC Textiles Quota Transfer Rules which came into effect on 1 January this year, and does the Government anticipate that these new rules will result in the better utilisation of the EEC quotas?

Trade and

Secretary for/Industry: Sir, we do not anticipate that the new

rules will have a discernable effect on utilisation, but it is worth

noting that utilisation in the first three months of this year is up on the equivalent period last year - 21.7 per cent as against 17.3

per cent.