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CONFIDENTIAL

Hong Kong exports other than textiles would raise difficulties,

the British Delegation was left with the clear impression that

these were considered to be surmountable. The only items

specifically mentioned were stainless steel cutlery, optical

goods, foot-wear, electric light bulbs, toys and electric

motors.

13. The argument was put forward in this context that Hong Kong

had no mass domestic market to rely upon, and that preferential

duty-free entry to the British market was the only available

alternative; without a duty-free market in the U.K., serving

as a kind of proving ground, it would be much more difficult to

develop and market new products. This point is considered

further in paragraphs 16 to 20 below.

THEORETICAL POSSIBILITIES FOR DEALING WITH HONG KONG'S PROBLEMS

IN THE CONTEXT OF THE U.K. NEGOTIATIONS WITH THE SIX

To seek no special arrangements

14. The Hong Kong Delegation envisaged two variants on this

theme.

(i)

Coverage of Hong Kong exports to the U.K. by

any general arrangements which might be

negotiated with the Six for the gradual appli-

cation of the common external tariff to imports

from the Commonwealth.

(ii) Acceptance of the application of the common

external tariff to Hong Kong's exports to the

U.K., even if this had to be achieved in a

single step.

Hong Kong officials were told that there was no evidence to

suggest that the Six were thinking in terms of (ii); it could

be discounted as a probability. Hong Kong officials could be

told at the next round of talks that (i) would plainly be the

easiest solution for us from the negotiating angle. The Six

might of course then say that they would need protection from

the danger of deflection of trade resulting from the scale of

/Hong Kong's

CONFIDENTIAL

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