Protectionism
CONFIDEN TIAL
Points to make with State Dept officials
1.
We
appreciate
US
Administration's
protectionism. But we and Hong
threat posed to Hong Kong trade
this has now passed both Houses.
stand against
Kong remain
very concerned at
by Jenkins Bill.
Understand
I f enacted would do much harm
to Hong
Hong Kong's textile industry. Hong Kong itself of course
maintains a completely free market for the imports of others.
2.
maintain economic
and
in order to en sure a
This would be a severe blow to Hong Kong's prosperity,
at a time when we are working to
political confidence in the territory
smooth
transfer in 1997.
3.
Hope that Administration will
bear these concerns in
mind in advising President on whether to veto Bill.
CONFIDEN TIAL