T
5
4. The beneficiaries of the United States will depend on what
Congress enacts, but will probably largely be determined by two
factors: the requirement that developing countries granting
reverse preferences to developed countries must give an undertaling
that they will be phased out by 1975, and the objection that Congress
ins would have to accord/oroferences to Communist countries to which
the United States does not give mfn treatment (this applies to Cuba and to Rumania and Bulgaria as long as they romain outside the GATT).
ing
The other donor countries are mostly obtain/ powers that will leave
the choice of their beneficiaries to be decided after the major
donors have announced their's.
5. The OECD will have to continue to discuss this issue. The four
developing members will make sure of that, unless at some future date
the EBC and the USA should both decide in their favour. Any decisions
that we and the other donors take now should therefore be subject to
review if these consultations lead to changes of heart by the others.
6. Annex A lists all the countries in UNCTAD that have claimed
developing status and therefore expect to be beneficiaries of all
the schemes, indicating the rough coverage of our trade with each in
industrial those/goods-(manufactures and semi-manufactures other than textiles and clothing included in our scheme.
T
Phose in the "Group of 77"
(actually some 92 countries) lists the Commonwealth and EBC Associates
separately from the others. In Group B, the four devoloping members
of OECD and Malta have registered their claim. In the Soviet bloc,