Annec 3
Overall Srowth Rate of 6%
The figures which Tram gave to Hong Kong officials in August do not Show how this can be achieved:
Mar 0
Year 1
Sroup I: Products under global ceilings (Covering 60% of Hong Kong export to EEC)
There will be allowed to grow by 0.257- 2% after the initial cut-bacus
II: product with import penetratim over
207% (Covering mother 20%% of Hims Kims Ocports) grow in rate 3-4%
ITI: products with 6% growth rate (
Covering 10%)
IV: other products (Covering 10%)
Srowth rate 20%
Total
60
+ /
61
20
+0.75 = 20.75
10
70.6
10.6
10
for 2
12
100
f 4.35
104.35.
In the Tectitis Working froup Tram has now Jujjeoked a more
Sensons approach
? No. This
is worse.
HAGY
60
20
+ 2
10
+ 1.25
58.5
23 - 11.25
10
*
2.5
= 12.5**
700
+ 4.25
6%
704.25
These fijuris cover the lifetime of the MFA-. Again the 5% does not seem to house been achieved.
But the Commission His still to present
actual fissures and it Isisuld be a mittate to attach too much importance to Tromis suppestions until the fijares appear