0003230

G.F. 323

CONFIDENTIAL

Indonesia

Australia

4.

$9.9 million

$5.2 million

In 1966, the

out of total exports valued at $67.8 million.

principal markets were

U.K.

U.S.A.

W. Germany

*

Value

$35.1 million

$7.2 million

$1.0 million

and total exports had fallen to $46.5 million.

Tariff

nil

8.5% - 18.75% a.v.

12.2% 17% a.v.

With exports to the U.S.A. and West Germany subject to quotas which are considerably lower than the U.K. one, this item has become even more dependent on the U.K. market than before and the application of the Č.E.T. of 14% 16% by the U.K. could have a serious effect on Hong Kong's exports of this item.

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Towelling, not terry, cotton, other than grey (652 242)

This item was not separately classified in 1961.

In 1966, the principal markets were

Value

Tariff

U.K.

$5.1 million

nil

New Zealand

$770 thousand

nil

U.S.A.

3665 thousand

8% a.v.

5¢ per

lb. plus 34.5% a.v.

Canada

$598 thousand

221% a.v.

out of total exports of 38.6 million.

Quotas are lower in the U.S.A. and Canada than in the U.K. and exports of this item will probably remain dependent on the U.K. market.

As with other cotton textile items, the imposition of quota control by countries maintaining a tariff while the volume of exports was still low, precludes assessments of what export performance could be over the tariff and it is difficult to predict what performance in the U.K. market could be over the C.E.T.

Poplin and broadcloth, cotton, other than grey (652 247).

This item was not separately classified in 1961.

In 1966, the principal markets were

-

CONFIDENTIAL

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