WONFO Ø36/20
-ZZ-BOT
CYPHER/CAT A
FLASH WASHINGTON
TELEGRAM NUMBER CREDA 57
CONFIDENTIAL.
<-RECEIVED IN
LAST
REF.
REGISTRY.NS. 51 27 PEL 1970
REA
REF
20
R. 129
19
Hd. American Depr
Ifd. Commodities Doper
Дари
Itd. Hong Kong Defer Е.Я. Дары
Itd. El
.itd. T.P. Defor
HKRY/04/1
TO BOARD OF TRADE
20 FEBRUARY 1970
Сдант вот.
ADDRESSED TO BOARD OF TRADE TEL NO CREDA 57 OF 20/1 REPEATED FOR INFORMATION TO UKMIS GENEVA HONGKONG AND TOKYO.
FOR MACMAHON FROM RIDLEY.
MY FIRST I.P.T.
WE UNDERSTAND THAT THE THIRD AND FIFTH PARAGRAPHS OF THE NOTE HAVE BEEN SHORTENED AT YOUR END, BUT YOU MAY STILL LIKE TO HAVE THE FOLLOWING COMMENTS:
(A) THIRD PARAGRAPH, SECOND SENTENCE. AFTER QUOTE U.S. INDUSTRY
UNQUOTE ADD QUOTE AS A WHOLE UNQUOTE.
(B) THIRD PARAGRAPH, THIRD SENTENCE. THE COMBINATION OF MAN- MADE FIBRE YARNS AND CLOTH IMPORTS IS PERHAPS A RATHER PHONEY
STATISTIC AND IT MIGHT BE BETTER TO SAY QUOTE ALTHOUGH IMPORTS
OF MAN-MADE FIBRE CLOTH INCREASED IMPORTS OF YARN FELL BY A
GREATER AMOUNT UNQUOTE.
(C) THIRD PARAGRAPH, LAST SENTENCE. AFTER QUOTE RECORD LEVEL
UNQUOTE ADD QUOTE FOR THE DECADE UNQUOTE.
(D) FIFTH PARAGRAPH. WE FEEL IT TACTICALLY UNWISE TO VOLUNTEER
SPECIFIC SECTORS OF DIFFICULTY. WITH THIS IN MIND AND TO DEVELOP
THE ARGUMENT IN PARAGRAPH 4 OF MY FIRST I.P.T. WE SUGGEST SUBSTITUTING THE FOLLOWING TWO PARAGRAPHS:
QUOTE. ALTHOUGH THE AVAILABLE EVIDENCE OF DAMAGE OR THREATENED DAMAGE TO THE U.S. INDUSTRY IN GENERAL DOES NOT APPEAR, TO THOSE CUTSIDE THE U.S.A., TO WARRANT COMPREHENSIVE RESTRAINTS ON MAN- MADE FIBRE OR WOOL TEXTILES THERE MAY BE SPECIFIC PRODUCTS, OR CATEGORIES OF PRODUCTS, WHERE THE EXISTENCE OF SERIOUS INJURY OR THE THREAT OF IT CAN BE ESTABLISHED. WE THINK IT WOULD EE APPROPRIATE TO DISCUSS ANY SUCH CASES IN GATT AND THAT SUCH A PROCEDURE WOULD BE ACCEPTABLE TO THE EXPORTING COUNTRIES CONCERNED. IN THE DISCUSSIONS ANY SPECIAL ELEMENTS IN THE PROBLEM
/Could