RESTRICTED
6. AFTER FURTHER DISCUSSION THE COMMISSION ASKED FOR AGREEMENT TO
THEIR PROPOSAL TO NEGOTIATE A VOLUNTARY RESTRAINT AGREEMENT BASED ON IMPORTS OF THE LAST THREE YEARS (DOCUMENT 3/27/73),, THERE WOULD BE A STANDSTILL FOR 1 YEAR PENDING THE OUTCOME OF THE GATT STUDY AND
THE AGREEMENT WOULD TEMPORARILY COVER ALL PRODUCTS WHICH WERE CON--
SIDERED SENSITIVE. THE UK DELEGATION REPEATED ITS OBJECTIONS TO AN.
OVERALL SOLUTION. IF HONG KONG WERE TO AGREE TO LIMITATIONS A
SUBSTANTIVE CASE MUST BE MADE.
7. AS TIME WAS RUNNING SHORT, THE MEETING HAVING BEEN LIMITED TO TWO HOURS BY THE PROLONGATION OF THE MORNING'S JUTE MEETING, IT BECAME CLEAR THAT NO FIRM AGREEMENT COULD BE REACHED ON THE FORM
OF A MANDATE TO NEGOTIATE WITH HONG KONG. IT WAS THEREFORE AGREED THAT A FURTHER MEETING OF THE GROUP WOULD BE HELD ON 2 FEBRUARY TO DISCUSS THIS PROBLEM. THIS WOULD FOLLOW MEETINGS WHICH HAD ALREADY BEEN ARRANGED FOR 30 JANUARY TO DISCUSS THE LIST OF ITEMS WHICH MEMBER COUNTRIES CONSIDERED TO BE SENSITIVE ON THE BASIS OF THE LIST PROPOSED BY THE COMMISSION IN THEIR SEPTEMBER PAPER AND ON 31 JANUARY TO DISCUSS REACTIONS TO M, LONG'S PROPOSALS ON THE FORM OF ANY MULTI-LATERAL AGREEMENT (NORNING) AND THE COMMUNITY'S PROPOSED AGREEMENT WITH YUGOSLAVIA (AFTERNOON).
FCO PSE. PASS ADVANCE, COPIES TO :
FCO HALL
JB
DTI
•
GWINNELL RIDLEY
PSE. PASS SAVING GOVERNOR HONG KONG
PALLISER
ADVANCED AS REQUESTED]
EUROPEAN ECONOMIC DISTRIBUTION
TRD
EID HKIOD
FED
ADDITIONAL DISTRIBUTION PRAME..
COPIES TO
MR HOPE, CTD, DTI
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M
RESTRICTED