COMPBOLNITAT,
world's main banana exporters, are also subject to
strict, and very low, quotas.)
HMC's interests are the social, political and
economic stability of the Windward Islands (to which
banana cales contribute), and, to a lesson extent,
the political and economic well-being of Jamaica,
whose not very efficient banana industries depend on
exports to this country. The Windward Islands are not
yot independent, Thoy roccžve budgetary and
development add from HKG, We also have to take
account of the interests of the British consumer;
and our general commercial policy, which is to
liberalise rather than erect fresh barriers to
international trade (we would face opposition in
GATT if we tried to give more protection to
Caribbean bananas).
2
CONFIDENTAL