importance to Hong Kong, words like "about which

they were particularly concerned" could be

added to the penultimate sentence of paragraph 11.

5.4.

perhaps

Although I realise that it would not be

appropriate to refer in the brief to our under-

taking to keep Hong Kong fully informed of the

progress of the negotiations and to consult them

as and when their interests are affected, I take it

assume that there is no possibility of the undertaking being overlooked on the course of neediations?

48.

My remaining comments are minor ones:

(a) In paragraph 2 and the table mentioned

in paragraph 3, it might be helpful to

show re-exports separately from

domestic exports.

(b) In paragraph 4 I agree with the point

Selwyn has made about the reduction

in the c.e.t. on some important items

of interest to Hong Kong being well

below the average tariff reductions in

Mr.

the Kennedy Round. . Cowperthwaite

also made this point.

(c) The word "adequate" in relation to

transitional periods appears once in

paragraph 13 and twice in paragraph

15. Perhaps it ought to be made

clearer that in these contexts it

means that the transitional period

for the application of the c.e.t. to

Hong Kong's exports should be no

/worse

Tabe in para

as

5 at end of inmute.

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worse than for the exports of the

Commonwealth generally?

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age 9

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