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NOTHING TO BE WRITTEN IN THIS MARGIN.
Registry No.
Top Secret. Secret. Confidential.
Restricted.
Open.
Draft.
Present
+
Draft Record of Discussion between
Mr. Hughes (Board of Trade) and
M. Deniau (Commission)
11 a.m. 28 March.
1
Mr. W. Hughes (Board of Trade)
Sir James Marjoribanks (U.K. Delegation
to the European Communities.
Mr. F.H. Jackson (U.K. Delegation to the
European Communities.
M. Deniau (Commission)
M. Th. Hijzen (Commission)
UNCTAD and generalised preferences.
He
M. Deniau said he thought the scheme
would only give "verbal satisfaction" to the
less developed countries. It was in practice impossible to give them real .satisfaction. would have preferred to see other arrangements made, not involving a generalised system of preferences but enabling a certain measure of
industrialisation to take place where it was
He did not want to SCO likely to be profitable.
Hong Kongs created all over the world.
2.
M. Hijzen said he did not think the U.S.
would put forward their proposals on generalised
مات امداد
preferences before May. It was open to question how they could act in this matter of the approval of Congress. Mr. Hughes thought they
might negotiate and then go to Congress for covering approval. He thought the reverse preferences aspect would be a major difficulty with the Congress; the Americans would not bo
disposed to allow developing countries which
Jay