*3

establishing a regime of both tariff and

quota protection for cotton textiles, we

are only doing what every other industrialised

country has been doing already for a long

time.

10 The measures I have announced apply only

to cotton textiles. For other textiles, the

Government intend to pursue discussi ns with

other interested Governments as to whether

further international arrangements might be

necessary or desirable to provide safeguards

against á market disruption. In the meantime,

we are ready to act promptly and effectively

under our GATT rights if serious disruption

from imports of non-cotton textiles should

occur in the British market.

11

11 In the longer term, we hope to discuss

with our partners in the enlarged European

Community the formulation of a textile trade

R

qually

policy which takes account both of the

interest of developing countries in expanding

their exports of textiles, of the need of the

textile industries here and elsewhere in the

genuine Community to evolve on a basis of dentinuing

competitiveness and of the right of efficient

producers and their workers to safeguards

against disruptive imports.

ст

23 November 1971

i

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