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consider that association was appropriate for a dependent
territory with well developed manufacturing industries. The
British proposal on the table at the end of the negotiations
contained the following elements:-
(a) Cotton textiles. British imports from Hong Kong
were to be accorded the same treatment as imports
from India, Pakistan and Ceylon. This would involve:
first, a certain decalage in the application of the
c.e.t. to imports of these goods from Hong Kong,
though not so "soft" as that proposed for imports
of other manufactured goods (see below). Second,
provision for a remedial procedure which would
operate if, as a consequence of this, exports of
cotton goods from Hong Kong to an enlarged Community
fell below agreed base levels related to the level
of recent imports. Third, an understanding that
Britain's imports of cotton textiles from Hong Kong
would be limited to approximately the level of the
existing voluntary arrangements. Fourth, a
further understanding that if Britain's exports of
cotton textiles to the rest of an enlarged Community
increased substantially as the result of British
imports from Hong Kong, Britain would be prepared
to control exports of these goods to the Community.
(b) Other Manufactured Goods. The same decalage in
the application of the c.e.t. would be granted to
imports into Britain from Hong Kong as had been
provisionally agreed for India, Pakistan and Ceylon.
There would be provision for periodic reviews to
isolate and examine any problems in Hong Kong's
(c)
trade relations with the enlarged Community arising
out of Britain's entry.
/A further
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