TNAG-0044-FCO40-80-Exports-to-the-Benelux-countries-aide-memoires-1967 — Page 196

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LUXEMBOURG EMBASSY

LONDON

MEMORANDUM

26767

1.

The Benelux countries acting in common in

virtue of the Treaty establishing the Benelux Economic

Union have to call attention to the continuous

considerable increase of imports from the British Crown

Colony of Hong Kong into the Benelux countries of

nightwear for men and women, handkerchiefs and table,

bed and household linen of cotton, falling within the Benelux statistical numbers 61.03.70,61.04.50,62.02.03, 62.02.05, 62.02.25 and 62.02.20, especially during the

year 1966. The Governments of the Benelux countries are

gravely concerned at the serious effect of the increasing

imports which are giving rise to market disruption, to

the detriment of their textile industry which is

experiencing major difficulties and is faced with un- employment.

The development of the imports of the above- mentioned goods from Hong Kong into Benelux appears from data annexed to the present note.

2.

3.

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The considerable increase in the imports at issue

can be explained by the fact that the prices for the

Hong Kong products are between 30 and 40 per cent below

the prices prevailing on the Benelux market for similar products of comparable quality.

In accordance with the procedure provided for in the long term arrangement regarding international trade in cotton textiles of 1 October 1962, the Governments of

4.

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