A
Registry No.
DEPARTMENT
HONG KONG
PRIORITY MARKINGS (Date)
SECURITY CLASSIFICATION
Topbret
Immediate
}"
Confidential
Despatched
Lees and time (U reach addressee(s)
KIMI 2-
PRIVACY MARKING
In Confidence
En Clair. Code Cypher
Draft Telegram tọ:~~
Governor, Hong Kong
No.
(Date)
[Security_classification
any
[ Privacy marking
-if any
[Codeword-if any]
Addressed to
telegram N............
And to
CONFIDENTIAL
1
repeated for information to
GOVERNOR HONG KONG
(date)
6.6
And to:-
Saving to
Your telegram No.567.
Repeat to:-
Saving to:-
Distribution:-
Copies to:-
+
UK Textile Council Report.
You will be receiving by telegram the text of the statement on future cotton textiles import policy to be made in Parliament by President of Board of Trade at 3.30 p.m. on Tuesday, 22 July.
2 •
We realise that the initial reaction of your
industry to this decision will be unfavourable, as you
have already indicated in your telegram under
reference. We shall naturally be prepared to listen to any further views you may wish to express in the light of the President's statement.
3. You will note that the tariff will not take effect
until 1 January, 1972. Your restraint arrangements expire at the end of 1970, and we shall seek your agreement to extend them for a further year.
4. Provided UK industry becomes more efficient,
we must expect the replacement of quotas by a tariff to reduce the level of imports below what it would be if we carried on with a quota system on existing lines But our studies suggest that the main losers should be the developed countries. We would expect the
as a groups trade of developing countries to be about the same
/ or
i