EID
agrud
NOTHING TO BE WRITTEN IN THIS MARGIN
by D.Til +TPD.
Althingh asavai Woma
мно
craidd
inappropriate for HK
D.T.1. amendments
.
6.
Particularly during the period leading
up to the global negotiations, Hong Kong's
interest should continue to be focussed on
parity of treatment with her competitors, this
being the most she can hope for. It is
unfortunate, but a tribute to Hong Kong's
dynamism, that her competition remains a
ready cause of alarm to the developed
countries, whether in Western Europe,
North America or even Japan herself.
This
is likely to remain a factor with which
· Hong Kong has to contend, whatever
happens.
EAC Enlargement
7.
Commonealth preferences will be phased
out during the transitional period after
Market, in
British entry into the
Comawmily
accordance with the agreed/programme of
introducing over the period 1974-77, the
Though the LEC
micheled HK,
and not axider
EEC tariffs) Hong Kong's interests have
its offer of association, been protected by the Agreement reached
K dekens enda tearwhouse,
during able ķ pesinath the Six
the enlargement negotiations that are HK I wichst his
مة
R
α
want to agation M sould be included in the ralised gensonhad poflarus
preference scheme (GPS). of the enlarged
Community.
As a result of this Hong Kong
has been enjoying the benefits of the EEC scheme
OPS offered by the
force in mid-1971. EECO solem; a number,
Six since it came into
have over, following meluasion in the Alee as a result of
the EEC's offer, other countries have felt
able/on grounds of burden sharing to extend
this Scheme to include Hong Kong: Moreover
the expansion of economic activity in the
JK which
enlargement should bring, will
1
CONFIDENTIAL
/in