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78.

Mr. Jordan said he could not see any connection

between Hong Kong's agreements on certain non-cotton products

with Canada, Sweden and Norway and the present approach from

the U.S. Government. Hong Kong had never been asked to

conclude a comprehensive bilateral agreement by any of these

countries. The Hong Kong Government had agreed to restrain

exports of particular products where it had been satisfied

that domestic industry was being seriously damaged by

imports of these products and that the bulk of these imports

came from Hong Kong.

79.

Sir Lugene Melville thought that the principles

involved in these matters should best be considered in the

G.A.T.T. To ask for precautionary comprehensive arrangements

without evidence of injury or real threat of injury seemed to

him to be standing the G.A.T.T. on its head.

Mr. Nehmer did not

think this was a G.A.T.T. problem. Hong Kong had not gone to

the G.A.T.T. in connection with its restraints on non-cotton

exports to Canada, Sweden and worway for example. Sir Eugene Melville

said he had emphasised that it was the principles involved which

should be considered in G.A.T.T.; it was not necessary for the

matter to be referred to the G.A.T.T. if one side gave an

unilateral undertaking or two sides reached agreement, unless

some other Contracting Party raised the matter.

80.

Mr. Nehmer said that the U.S. Government believed

that its proposals for a comprehensive bilateral agreement

were compatible with the G.A.T.T., and the market disruption

clause. Mr. Jones pointed out that this matter had in fact

/been

CONFIDENTIAL

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