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There should be exemption from the need to provide compensation or from the liability to retaliation if the other conditions in this paragraph are met. This is sometimes referred to as the "to track" system.

Safeguarding should be temporary and combined with measures to make a smooth transition to the new circumstances.

Line to Take

Our aim is that the negotiations should succeed. We are continuing to work hard to ensure that the Community adopts an outward looking approach in its trade policy in general and in the MIN ́in particular.

We hope that Hong Kong will benefit from the lower tariffs and more dis- ciplined safeguarding rules which should result from the negotiations.

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