W(B)L SI-7406

Put?

NOTHING TO BE WRITTEN IN THIS MARGIN

A

multilateral solution with GATT

approval. EEC have supported this line. We have been trying to m

4.

The Japanese in

and

For

it

Steer

The latter direction

world not be too late

them, having explored with

The Americans

д

The broad outlines

an acceptable solution involving

selective restraints

to insest that

Final

It is

The Americans pursue the

in

The

GATT forum,

stages

difficult to

assess

chances of

influencing the Japanese. Thei Amistry of Foreign Affairs seem

Convinced

of

The

Voluntary

M

that whatever the streng 12

American's injury case

some

[ vestraints will have to be conceded in the blateral discussion's now proceeding, because of war political pressures applied at a high level by the U.S.A.

Thew Птиву а

Ilmalry of Trade and

Together with the leaders of

and it's parlamentary lobby

textile industry/

"Industry,

ļ

the

seem to be

standing out against any

voluntary

somation conceding any

bilateral

any. They

bilateral * They are, however,

restraints Cole of fearful

O

that any multilateral solution

in GATT

world

involve

a

comprehensive AAAGze arrangement

Similar to the LTA on cotton textiles,

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