DRAFT PRESS NOTICE.
(TO BE ISSUED IMMEDIATELY AFTER HIJNOUNCEMENT).
FUTURE ARRANGEMENTS FOR COTTON TEXTILE QUOTAS
FUTURE
As announced on November cotton textiles exported on
or after 1 January 1972 from India and Hong Kong anu
the global quota countries will continue to be subject
to quantitative restriction.
imports of cotton textiles in 1972 will be as for 1971
subject to the following changes.
arrangements for
We are asking the governments of India and Hong Kong
and of other countries with country quotas whether they
will continue to administer these in 1972: In so far
as they agree to do this, arrangements will continue as
before for the governments concerned issuing country
quota export certificates direct to. Import Licensing
Branch, who will then issue a licence to the United
Kingdom importer. These governments are being asked
to accept as first charge against these quotas orders
made before the announcement of November where the
orders have been confirmed by an irrevocable letter of
credit. In any cases where governments do not propose
to continue administering their country quotas, the
United Kingdom government will be responsible.
governments concerned have been asked to state by
Overseas
31 December 1971 whether they will administer quotas in
1972. In the meantime no further orders should be
placed for cotton textiles from the countries concemed
without a valid import licence issued by Import
Licensing Branch.
In cases where the United Kingdom government assumes
responsibility for administering country quotas, the
following arrangements are envisaged
1