CONFIDENTIAL

ANNEX B TO XCC(71)73

PRESS NOTICE

A delegation of Hong Kong officials led by

Mr. C.P. Haddon-Cave, Financial Secretary, held

discussions on 6th and 7th December with Mr. Anthony

Royle, Parliamentary Under Secretary of State for

Foreign and Commonwealth Affairs, and Mr. Anthony

Grant, Parliamentary Under Secretary of State for

Trade and F.C.O. and D.T.I. officials about the

British Government's decision to retain the existing

system of quantitative restrictions on imports of

cotton yarn and woven cotton textiles from Hong Kong

and other currently restricted countries.

The Hong Kong officials visited London at

the invitation of H.M.G. As a result of the visit,

the British and Hong Kong Governments have agreed to

further talks beginning on 10th January, 1972 in order

to examine in more detail the implications of the decision

for Hong Kong's trade in cotton textiles with the

United Kingdom.

CONFIDENTIAL

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