minute
Registry
No. HKK 6/548/8
SECURITY CLASSIFICATION
Top Secret.
Secret.
Confidential.
Restricted.
Unclassified.
PRIVACY MARKING
DRAFT Zetter
To:-
Sir Arthur Galsworthy
..In Confidence
Type 1+3
From
Telephone No. & Ext.
Department
Copy to
J.O. Moreton Sur Leslie Monson
NOTHING TO BE WRITTEN IN THIS MARGIN
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The absence of
You are aware that H.M.G. is reconsidering its
policy towards the UK cotton industry in the light of
the recommendations of the Textile Council's Report.
existing The chief proposal of the Textile Council is that the quantitative restrictions
import quotas should be withdrawn and replaced in the
case of Commonwealth supplies by a tariff at the rate
of 85% of the existing MFN rate.
2. You now ought to know that On 30 June a Board of
(Pco(69) 10),
Trade paper on this subject to the general effect that
?
the Board were disposed to accept this proposal was
considered by the Cabinet Official Committee on Commercial
Policy.
3. We were able, I am glad to say, to give Hong Kong
Cour telegram No. 401) some warning that these discussions were in the offing/
and to suggest a number of points which we thought they
for the meeting to should examine in this context. Just in time,we had the
(H.K. Iel No 511) Governor's observations but as you will see he described
잇
these as no more than his very tentative assessment of
confultation with the industhe likely effect on Hong Kong's exports if this measure
(118281) Dd. 391599 1,500M 2/69 Hw.
and was creased on this score in
Monday's meeting
were lobe
was imposed. He was not free, and is not now free, to
To definities consult- his industry and unless he does say an analysis.
of the likely effects will not be possible.
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is
4. I think you will find the Board of Trade paper a
lacking in balance as we did ourselves. I believe that
this will be at least to some degree rectified because
Our representatives on the Official Committee with some emphasised the Commonwealth support I understand from ODM, were at pains to emphasize
/ the