16/30/5
LUXEMBOURG EMBASSY
LONDON
MEMORANDUM
26767
1.
The Benelux countries acting in common in
virtue of the Treaty establishing the Benelux Economic
Union have to call attention to the continuous
considerable increase of imports from the British Crown
Colony of Hong Kong into the Benelux countries of
nightwear for men and women, handkerchiefs and table,
bed and household linen of cotton, falling within the Benelux statistical numbers 61.03.70,61.04.50,62.02.03, 62.02.05, 62.02.25 and 62.02.20, especially during the
year 1966. The Governments of the Benelux countries are
gravely concerned at the serious effect of the increasing
imports which are giving rise to market disruption, to
the detriment of their textile industry which is
experiencing major difficulties and is faced with un- employment.
The development of the imports of the above- mentioned goods from Hong Kong into Benelux appears from data annexed to the present note.
2.
3.
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The considerable increase in the imports at issue
can be explained by the fact that the prices for the
Hong Kong products are between 30 and 40 per cent below
the prices prevailing on the Benelux market for similar products of comparable quality.
In accordance with the procedure provided for in the long term arrangement regarding international trade in cotton textiles of 1 October 1962, the Governments of
4.
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