CONFIDENTIAL
ive should resist any attempt to relate the level of aid to Hong Kong to the concept of Compensation
одн
Эгрим, GNP
I
to work for outward-locking and liberal
trading policies. Above all (paregraph/ 9
above) Hong Kong officials should be made
seek to aware of our determination to aide future
Community policy towards Hong Kong in a
liberal direction. They should be convinced
of our awareness that what Hong Kong needs is
access to markets, and that the growth in
trade of the enlarged Community can only
help Hong Kong's development if she has the
opportunity to take part in that growth.
14d fox Hong Kong
20. Hong Kong officials may raise the subjet
of the UK giving official aid to Hong Kong,
in compensation for damage to her economy
caused by our entry to the EZC. In general
terms the use of development sić to help
a dependeney as wealthy as Hong Kong
Yould clearly need speciel justi
gation,
H. Kis wealthy and her ossible. Moreover, so long as one tony's reng fear's
had
rede continued to expand, she has found
In
no difficulty over capital investment.
1967 there was o suggestion, from the Hong
Kong side, that HG might consider refunding
duty paid on imports into Britain from Hong
Kong. This might be equivalent to the
probable refund for CSA producers.
British side replied by explaining the diffi-
culties involved but agreeing that, should
other precedents emerge in n. ctictions, long
The
CONE IPS IPT AT,
/Kong's case
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