CONFIDENTIAL ·

1. Photocopier

HKK 6/304/1. Part D.

us. fole

Board of Trade,

1 Victoria Street, London, S.W.1.

31st July, 1969.

201/1

At the conclusion of the useful discussions which we had with you here last month, I undertook to let you have an "essay" giving an outline of the problems and possible solutions as we see them in connection with the proposals being ventilated by the Americans over textiles.

I enclose a paper which I hope may serve this purpose, at any rate to the extent of clarifying the possibilities. I have not tried to draw any conclusions about our course of action, because we are not yet ourselves clear what it should be. We shall, of course, need to reach conclusions about this, and about our policy on the Long Term Arrangement for cotton, fairly soon; the two must be looked at together. But with the postponement of the GATT meeting we have a little more time in hand and I would expect decisions to be taken about the middle of September.

1.

I am sending copies of this letter and enclosure to Snelling and Carter in F.C.0.

W. Hughes

D. Jordan, Esq.,

Commerce and Industry Department,

Fire Brigade Building,

Connaught Road, Central,

HONG KONG.

Mr. Goldsmith, CREL. (o.r.)

Mr. Carey, I.ir

Mr. Dunnett, CRE1.

Mr. Stewart, I.1. Mr. Toms, CRE2.

LAST

RECEIVED IN

ISTRY No.51

-5 SEP 1969

WR

6

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