to be. revised
5
•
A "bonus" quota representing the balance of available tonnage equally divided amongst the lesser suppliers identified as having performance in 1972, and treated as a separate "yarn only" quota in addition to their 1974 quota, which we assume to be based on current 1973 allocation for all textiles including yarn.
In figure terms, this would mean that the "big 4" would get 85% of the 1974 additional quota of 1,700 mt (10% of 1700) ie 1445 mt to be split as follows:
India
691 mt or 1.5 million lbs
Hong Kong 481 Pakistan
11
1.0
#1
量素
224 "
**
0.5
#1
Egypt
48 "
"1 0.1
11
**
(Total
1444 mt
1*
3.1
#
6.
:
The lesser suppliers would get an equal division of the balance of 255 nt as a "bonus quota" if they actually had performance in 1972. These suppliers/performers were:
Japan China Poland Romania] Brazil Colombia Cyprus*
Greece Guatemala Israel Malta* Spain* Taiwan Turkey* and Uganda
4
The asterisked countries (Mediterraneans) have been liberalised as regards yarn since April 1973, so we are dealing with an effective short list of 9. We are adding S Korea although she had no performance 1972 under the "global" quota and has never had a yarn "country" quota. In 1974 therefore each of these 10 supplying countries would have an additional yarn quota of 25.5 mt, in 1975 63.7 nt and in 1976 127.5mt
17.
Under these proposals, liberalisation would be achieved, if not painlessly, at least in stages. The additional yarn quotas for each year are still within levels below the figures quoted by the British Textile Employers Association for 1974 and
1975 as the potential result of total liberalisation.
CT Division
2 November 1973