NOTHING TO BE WRITTEN IN THIS MARGIN

Registry No.

SECURITY CLASSIFICATION

Top Secret.

Secret.

Confidential.

Restricted. Unclassified.

PRIVACY MARKING

...In Confidence

DRAFT BRIEF

To:-

Anglo-Japanese Ministerial

Type 1 +

From

Telephone No. & Ext.

Consultations (Anglo-Japanese

Economic Relations)

Department

HONG KONG AND THE JAPANESE GENERALISED PREFERENCE SCHEME

1.

HMG have been pressing the Japanese for nearly a

year to include Hong Kong (and other UK dependent ter-

ritories) in their Generalised Preference Scheme (GPS).

We believed, as a result of a statement in the Diet by

Mr Sato on 23 March to the effect that Hong Kong was

"not unsuitable" for inclusion in the Japanese GPS, that

we had overcome initial Japanese reluctance to accept beneficiary a territory they inevitably see as a as a competitor in other markets (notably in the US).

2.

However, the Ministry of Trade and Industry (MITI),

who have been leading opposition to any worthwhile offer

to Hong Kong, have recently counter-proposed the exclu-

sion of all dependencies from the initial implementa-

tion of the Japanese GPS (possibly on 1 August 1972),

relegating them to a hypothetical second stage (before

April 1972) when their case would be "reviewed" along-

side other "problem" candidates for beneficiary status.

While donor countries generally may postpone the pos-

sible grant of preferences to the "problem" candidates

(mainly semi-developed Mediterranean countries such as

Spain, Greece and Israel, etc, as also Romania and

Bulgaria), only Japan among major donors has thought it

necessary to regard dependent territories as a "problem".

3. The Japanese Foreign Ministry have now told us,

without comment or explanation, that the MITI viewpoint

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1

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