On the other hand however
c.) She recognised that liberalisation would
mean that her exporters could move increasingly
out of fabrics
ups sector.
into the mire
more profitable made-
(2) At Hong Kong's request, we had talks with
Gariff
ト
XV prember Cambaruaay
her about the 1969 decision in bon
and February 1971, but
stofst orde
1970
made it clean me
we peftis fa
Asday of the arched apart of modifica
мене
decision
the
wered that finefined to modify the decision on to for compevation for any compensate Hong Kong for any adverse effects it might have
export trade.
her
Re
recent decision however
to have both tariffs and quota in 1972
actually improves Hong Kong's position by
moving
difficulkes
a)
above.
bj India, witho is similarly placed, hasachnewledged this. In willtio
have evidence from a
We
that Hong Kong exporters
mmmber of q
are now
insisting
C
re- negotiation of their prices for 1972; the
Importers
Grey clith Merchant Assocation Greycloth
/
the interests of UK importers) are
to take over
at lelust
1
(who represent
urging Hing
administation of the Hong Kong