Enclosure 1
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MEMORANDUM OF UNDERSTANDING
This Memorandum of Understanding sets out the arrangements
which have been agreed between the Governments of Australia and Hong Kong regarding the limit to be applied by the Government of Hong Kong
to exports of one class of cotton fabrics to Australia.
2.
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3.
The Governments of Australia and Hong Kong agree : (a) these arrangements are made under Article 3 of the
Arrangement Regarding International Trade in Cotton
Textiles;
(b) these arrangements relate to domestic exports from
Hong Kong of fabrics within the following description:
ex-Hong Kong Export Statistical Classification number
652-255
MA
Drills, cotton, other than grey, if not
less than 6 ounces by weight per square yard and
not more than 15 ounces by weight per square yard;
(c) these arrangements relate to the period 1st July,
1969 to 30th June, 1970.
The Hong Kong Government agrees that it will restrain exports
of the fabric described in paragraph 2(b) above for the period described
in paragraph 2(c) above to a limit of 950,000 square yards.
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