TNAG-0045-FCO40-81-Britain-s-entry-into-EEC-effect-on-trade-with-Hong-Kong-1967 — Page 52

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and in the second bracket as a percentage of Hong Kong's total

exporte of all commodities):

Clothing

£20.8 million (18.5%)

(5.1%)

Textile Yarn, Fabrics and made up Articles

£15.4 million

(23.4%)

(3.8%)

Miscellaneous manufactured items

6.9 million

(11.0%)

(1.7%)

Footwear

Machinery, Apparatus and Appliances

Precious Metals and Jewellery

£ 3.8 million

(39.5%)

(0.9%)

£ 2.7 million

(11.6%)

(0.7%)

£2.4 million

(12.6%)

(0.6%)

Manufactures of Metal

£ 0.97 million (8.9%)

(0.2%)

Fixtures and Fittings

£ 0.75 million

(10.7%)

(0.2%)

4. A table setting out Hong Kong's principal exports in recent

years to Britain and to the EEC, the margin of preference which

+

they enjoy in the British market, and the EEC tariff/levy treatment

of such exports is annexed.

50 All the items listed in paragraph 3 would be directly

affected by our entry into the Community, either by loss of

preference or by the application of the Common External tariff.

However, it is worth recalling that, while Britain's relative

importance as a market for Hong Kong's exports has tended to

remain steady or decline slightly

growing

Six has been increasing rapidly, Community

tariffs digeriminst102 49

in recent years, that of the

despite its demon sing of inta even in the fees of thercasing

essay olisin malip

each other and Jagainst Hong

Kong and other third countries. In 1960 the EEC took 4.8 per cent

of Hong Kong's total exports; in 1963, 7.6 per cent; and in 1965

9.9 per cent.

Hong Kong in the 1961/63 Negotiations

6. No provisional agreement had been reached before the

negotiations ended. The Six rejected the original British

proposal that Hong Kong should be associated with the enlarged

Community under Part IV of the Treaty of Rome. They did not

consider that association was appropriate for a dependent

/territory

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