Mr. Hulley

Talks with Wr. Stans: Hong Kong

Mr. Stans will in effect be seeking our acquiescence in the United States imposing quotas upon imports of noncotton textiles from Asian low cost sources, ɛnd will be trying to imply (no doubt without making any firm promises) that Britain would not itself suffer as a result. Irrespective of what is said to him about the strictly Britian interest in the matter, we are duty bound to point out to him what would be likely to be the effects of what he proposes upon Hong Kong.

The case he will be making is largely political and it is therefore appropriate to make political points in return. This is also why I hope that you rather than I

should take them.

I attach some aug ested speaking notes for your use upon Hong Kong, dealing first with the political and then with the economic factors.

Copies to,

A.W. Snelling

23 April, 1969

Sir A. Galsworthy

Mr. Whitehead

Mr. Hughes, Board of Trade

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