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Presentation Ceremony of the International Federation of the Phonographic Industry

1 June 2000

Jay, Jacky, Distinguished Guests, Colleagues of the Customs and Excise Department, Ladies and Gentlemen,

We are delighted with this acknowledgement from our valued partner in the fight against copyright piracy. This sends a strong and powerful message to everyone concerned that we are working together to eradicate piracy.

While I do not intend to recite the details of our enforcement action, I would like to present to you a couple of sets of interesting figures to highlight our success. Last year, there were over 1,000 outlets selling pirated CDs in the territory carrying some five million CDs in the retail market at any one time. About a quarter of these CDs falls in the music category. A snapshot today would reveal a market of fewer than 100 retail outlets with fewer than 100,000 pirated CDs in circulation, depicting a significant reduction of 98% in terms of availability.

In less than a year's time, we have succeeded in containing the piracy trade by reducing its availability and penetration in the market. These achievements are attributable to the whole-hearted devotion of our officers in the Intellectual Property Investigation Bureau and the Special Task Force. I am proud of them, and they deserve all the kudos accorded by IFPI. Your recognition of our effort will serve as a source of encouragement and motivation for us all.

Hong Kong is wholly committed to protecting the rights of the copyright owners, and we have put the money where our mouth is. Last year, we have spent HK$150 million to support our enforcement action in suppressing copyright piracy here in Hong Kong. This is no mean sum under the current economic climate, and we would not have done this were we not serious about our commitment.

Let me assure you that we will continue to do our best to fight against copyright piracy, and on that note, you will be delighted to know that we will extend the deployment of the Special Task Force for another six months starting today.

Thank you.

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