AND THE CONSUMER TO THE CONSUMER ALONE.
WITH THE PISE IN LIVING STANDARDS IN BRITAIN HE DID NOT CREPEAT, NOT)
EXPECT DEMAND TO PC CUT BACK BY THIS CHANGE.
TAKING UP A POINT MADE BY INDIA'S FOREIGH NINISTER, SARDAR
SWARAN DINGH, MR HEATH SAID THE BRITISH COVERINENT HAD
CONFIRMED THE DECISION OF ITS PREDECESSOR TO REPLACE A QUOTA
SYSTEM FOR TEXTILE IMPORTS BY A TARIFF.
HE DID NOT CREPEAT NOT) EXPECT THIS CHANGE WOULD CAUSE
ANY REDUCTION IN THE AMOUNT OF COMMONWEALTH TEXTILES ENTERING
^
THE BRITISH MARKET. IF IT DID, IT COULD BE CONSIDERED
WITH THE COUNTRY CONCERNED. HE GAVE FIGURES TO ILLUSTRATE
HOW DRAMATICALLY THE LANCASHIRE TEXTILE INDUSTRY HAD BEEN REDUCED
$';
OVER THE PAST SIXTY CREPEAT SIXTY YEARS. BRITAIN NOW
IMPORTED 43 PER CENT OF THE TEXTILES SHE USED,
AND 24 PER CENT OF THEM CAME FROM THE COMMONWEALTH,
ON COMMODITY AGREEMENTS, MR HEATH AGREED WITH THE JAMAICA
PRIBE MINISTER HUGH SHEARER THAT THERE WAS NEED FOR A FRESH LOOK
AT THEM. 2RITAIN WAS A PARTY TO SUCH AGREEMENTS FOR SUGAR,
TIN, COCOA, ETC., BUT AS ONLY ONE AMONG A NUMBER OF
CONSUMING COUNTRIES HER VIEW DID NOT CREPEAT NOT) NECESSARILY
PREVAIL.
HE THOUGHT THERE MIGHT WELL BE A CASE FOR A COMMODITY AGREEMENT
ON TEA, AS CEYLON'S PRIME MINISTER MRS SIRINA BANDAR ANA IKE
HAD SUGGESTED.
TALKING ON TERMS OF AID, MR HEATH COMMENTED THAT NUSTY PER
CENT OF LOANS BY BRITAIN WERE INTEREST-FREE, FORTY SEVEN PER
CENT OF AID WAS IN THE FORM OF GRANTS,
HE THOUGHT THAT THE INTERNATIONAL DEVELOPMENT ASSOCIATION'S
LENDING POLICIES, WHICH HAD BEEN DISCUSSED BY COMMONWEALTH
rr
FIANCE #INISTERS IN CYPRUS LAST AUTUIN
*
SHOULD BE MORE
LIBERAL. HE ALSO TOOK A LIBERAL VICU CH TIED AID, ON
~3~
/WHICH