CYPHER/CAT A

PRIORITY H.C. SINGAPORE

TELEGRAM NUMBER CREDA 95

ER

PRIORITY

4 Xero

TO BOARD OF TRADE,

1 SEPTEMBER 1967

119

Room 127.

SW P D Hong Kong Depple!

Export Promotions). (Mr Graham) Trance Poling D (Mr McKelvie)

No COPIES MADE

CONFIDENTIAL

18.0.1.

ADDRESSED TO LONDON

CREDA 95 OF 1/9/69

REL SAVING TO HONG KONG

Yo

OUR CREDA 52 ( OF 29 AUGUST)

YOUR

SINGAPORE / CANADA RESTRAINT AGREEMENT

Het a deb на

12 SEP 1969

HKK6/931/1

INFORMAL CONVERSATION WITH COM OF TRADE DIVISION, LATTER REVEALED THAT CANADIANS OFFERED SINGAPOREANS A CHOICE BETWEEN ACCEPTING AN ANNUAL DEDUCTION FOR YEAR 1968-79 ON PRESENT RESTRAINT LEVEL OR ACCEPTING LOWER RESTRAINT LEVEL. SINGAPORE ATTEMPTED TO HAVE RESTRAINT LEVEL BASED ON 1967 IMPORTS INTO CANADA OF THE TWO ITEMS IN QUESTION. CANADIANS REFUSED ON GROUNDS OF GREATLY INCREASED IMPORTS FOR FIRST FIVE MONTHS OF 1968. ACCORDING TO SINGAPORE AUTHORITIES THESE OVERSHIPMENTS CAME FROM NEWLY ESTABLISHED FIRMS ATTEMPTING TO MAKE HAY

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