NOTHING TO BE WRITTEN IN THIS MARGIN

W(B)L 51-7406

CONFIDENTIAL

CONFIDENTIAL

BRIEF FOR MR. ROYLE'S VISITS TO TOKYO AND

HONG KONG Generalised Preferencës: Hong Kong and Japan

1.

An Aide Memoire expressing HMG's concern

at the possible exclusion of Hong Kong was

handed to the Japanese Government in August.

This has been followed up by conversations

between officials in Tokyo and Geneva and by

a personal message from the Secretary of State

delivered on 12 Sept:

The

to the Japanese Foreign Minister

Japanese have told us that a decision to

exclude Hong Kong has already been taken

(they have subsequently said that the matter

is still under consideration) ostensibly on

the grounds that Hong Kong is a territory and

therefore the responsibility of the metro-

politan power. Our view is that this is

merely a device to exclude certain areas which

the Japanese consider to be a threat to their

domestic industry.

2. The following points are relevant if

Hong Kong were to be excluded from the scheme:

(a) Hong Kong is without natural resources

and is therefore dependent on the

export of manufactures. It is

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consequently vulnerable to trade

restrictions then it competitors,

(b) If duty free entry were enjoyed by

Hong Kong's competitors, the

competitiveness of Hong Kong's

products would be reduced and, in

some sectors, nullified.

(c) Hong Kong at present enjoys Common-

wealth preference. The present UK

preference offer of duty free entry

to all developing countries decreases

Hong Kong's trading position vis-a-vis

her close competitors.

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