0001740

G.F. 174

File No.....

Drafted by- Typed by-

Date-

:

3.

DRAFT-

* Page 3

Lerzany : Cotton 10% : calculated on level

-

for new year (also

anticipation).

Wool

* : caloulated on level

for year of shortfall.

Benelux : None.

Norway : 10% : onloulsted on level for

new year.

(o) The likely actual benefits to Hong Kong of securing

carryover in 1969/70 are marinal as there have been

markedly increased shipments ince 1/5/69 against

all items which will remain under restraint next

year. At the close of the ncial shipments

licensing on 29/5/69 the balances left were :

Group I Knitted undergarment i

Group II woven shirts (excluding

nicht garments)

Group III

3lacks

Becer

2 of Restraint Lovel

Slight increases to these buisnces might be possible

on account of short-shipments.

Finaliantion of Cotton Ag

draft Agreement

(a) A copy of the draft Agreement as handed to the

Swedes la attached. In the course of preparing

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