0003230
- G.F. 323
CONFIDENTIAL
- 3-
6.
The Hong Kong Government will, on request by the Swedish
Government at any time, discontinue the issue of Export
Authorisations for any of the items concerned. If such request
is accompanied by a request for consultations in accordance with
the provisions of Article 3 of the Cotton Textiles Arrangement,
and/or under the General Agreement on Tariffs and Trade, the
Hong Kong Government will, pending the holding of such consultations.
issue Export Licences for the items concerned only in respect of
those shipments covered by Export Authorisations already issued.
7.
In the event that the issue of Export Authorisations for
any item is suspended, at the request of the Swedish Government
in accordance with the procedure set out in the preceding paragraph,
it is my understanding that the Swedish Government would be prepared
to consider giving its consent to the extension of validity of an
existing Export Authorisation by a period not exceeding 90 days,
if it is satisfied that the failure to apply for an Export Licence
within the period of validity of the Export Authorisation has been
caused by circumstances beyond the control of the person to whom the
Export Authorisation was issued.
8.
It is, as I explained, an essential part of this system
that the importing country should undertake to admit imports of
all goods covered by Export Authorisations issued before the time
at which the importing country requested that such issue should be
discontinued.
9.
I should be grateful if you would inform me whether you
can agree that this system should be introduced on the basis that
I have described in the above paragraphs.
CONFIDENTIAL