001740 - G.F. 174

File No..

Drafted by- Typed by-

Date-

11.

DRAFT CONFID"="TIĄ I Page ·∙17·

Total BAL

15/12/68

450

749

31/12/68

544

747

15/1/69

617

652

31/1/69

641

652

15/2/69

648

654

28/2/69

652

830

15/3/69

593

674

31/3/69

775

963

On the basis of our arguments ou sensitive levels

for the other items the trigger point would be

the love) regched on 31/3/69 (963). Alternatively,

as they called the South Koreans on 1/3/69, our

level should not be lower than that on 28/2/69 -

which was the first return after resumption of

issue of /As following Geneva.

(e) It would seem reasonable in all the relevant

circumstances for you to six for 830 (5/A# at

28/2/69). TEXTAB has advised settlement between

600 and 700, and roth in with

mums blouses

Carryover

(a) The preoriente are set out in para 2 (b) above.

(b) The likely benefits accruing to Hong Kong from

this provision, insofar as the 1969/70 non-cotton

restraints to Sweden are ameamed, are minimal.

There are unlikely to be any balances left for

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