NOTHING TO BE WRITTEN IN THIS MARGIN
?
4.
should be as wide as possible and as
generous as the size of the Japanese
market would justify; and indeed the
importance of Hong Kong as an export
market for Japanese goods.
A further point which you might throw
in if you judge the impact likely to be
favourable (we quite see that it could be the
reverse) is that an adverse decision on
Japan's part might also have the effect of
inducing the United States to exclude Hong
Kong altogether from their scheme. Hong Kong
would then have to face discrimination in
favour of her many competitors amongst the
developing countries in her most important
market. While those Japanese industries
that export goods other than textiles and
footwear to the United States would no doubt
welcome the exclusion of Hong Kong from the
US scheme, the protection of the exports of developed countries is wholly contrary to the
objectives of the generalised preferences
scheme
5.
assim
Governor Hong Kong will no doubt comment
in particular on the value (if any) to Hong Kong
of purely "proforma" inclusion by Japan. we
ourselves would not have thought this would
#
achieve very much, given that the US and other
donors would thereby be given a respectable
excuse for purely token inclusion of Hong Kong
не
in their sehemes. Hong Kong will also no
нка
doubt say how strongly they feel the long-
standing proposal for a visit by their
representatives to Tokyo should be pressed.
•