file
made with the Portuguese in 1966 which the Swedes are now trying to enforce against Hong Kong. However imports generally are still well down) in 1965 and there is no evidence that imports from Hong Kong have caused ingery to domestic producers.
27.
Imports of towels rose by nearly 20 per cent in 1968 to a level which was 50 per cent above 1965. The big drop in Swedish production was between 1966 and 1967. There was a further drop of 275,000 prices (10 per cent of the total,) in 1968. However, less than half of the increase in imports come from Hong Kong. Many other countries improved their position on the Swedish market. Hong Kong was the largest supplier in 1969, but in the first two months of 1969, when imports again rose substantially, she fell behind both Yugoslavia and Italy. There seems no case for the imposition of discriminating restrictions. Hong Kong's share of the market was only 6 per cent.
28. Imports of knitted cotton nightwear have increased, but so has production. Denmark's share of the trade is much bigger than that of Hong Kong and has increased more since 1965. The German and Portuguese share has fallen to only a fraction of the 1965 figure. Can there be, an agreement with Portugal to do something about imports from Hong Kong? Imports on the first two, months of this year fell by one- quarter, this is another embarrassing knitwear #tem. There is no case for restriction.
29.
Swedish production of cotton sheets was higher in 1968 than in any year since 1965, though it would appear that a much higher proportion of the total was made out of imported sheeting: Imports of sheets increased every year, but Hong Kong was only the fourth largest supplier. In the first two months of this year total imports increased by more than 10 per cent, but imports from Hong Kong nevertheless. by nearly one-half.
203
No case for putting this stem on E.A.'s.
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Industries 1 Division
2nd June 1969.