COMIX DINALAL
and could hardly empoct the enlargod Community to retrievo
a eituation of cur own melting.
16. Tino, paragraph 39 of 12. Brown's statement would
Aho would have the advantage of
become superfluous.
romoving one of our negotiating objectives.
But Ministers
should be aware that tale would be the effect of introducing the tapi22 and that we would bo teling, in isolation Prom other aspects of our entry, an important decision on a publicly atotod nogotiating objective.
Moreover, as tho
price of releasing us from cur contractual commitmonts, India and Pokiston might ask us to take on other nogotiating commd tacats. We would have to rofuce to do this and Paco
the political consequen003.
Advantara to balance of brado
47. Against the expected advantage of 412a, in the balenco. of trade in textiles, we would have to set any loss to our oxport earnings arising from (a) the prico we might have to pay ta loss of preferences in order tó escupo a waiver froz
and countries now onjoying duty free entry to our marked; (b) any retaliatory action, c.c. against our non-contractual preferoneos, It 16 4120seuls to quantify these.
Canada is a good illustration.
Dat
She sends us about 10 million
of cotton textiles annually. Wo might therefore ozpoct to Loco preferences on an oquivalent amount of our exports to
Canada,
Chio loss of prefonenos could hit one or m078
of cup growth industries. In 14 worth running this pict
merely to protect a doclining industry?
40