TNAG-0046-FCO40-82-Britain-s-entry-into-EEC-effect-on-trade-with-Hong-Kong-1967 — Page 50

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CONFIDENTIAL

deal of work remains to be done before agreement can be expected on

In a report precisely how such a policy should be implemented.)

of the Member Governments of 0.E.C.D., the Special Group makes a number of recommendations, of which the following are of main

concern to Ilong Kong.

(1) Temporary advantages in the form of generalised

arrangements for special tariff treatment for

the developing countries in the markets of

developed countries can help developing countries

to expand their export earnings.

(ii) Such new arrangements should aim to accord

broadly equivalent opportunities to all developing countries, who should share equitably among them-

selves the burden of granting preferences.

(iii) Special tariff treatment should in principle be

accorded to any country or territory claiming

developing status, and no country or territory should be excluded from preferential arrangements ab initio on the grounds of competitiveness. (iv) Special tariff treatment should apply in principle

to all manufactured and semi-manufactured products. Other products could be included on a case by case

basis.

(v)

Donor countries may, to protect sensitive industries, exclude from the arrangements particular products in which developing countries are already competitive. (vi) There should also be a safeguard clause enabling

developed countries to curtail special tariff treat- ment to avoid the risks of dislocation of industry

and labour.

(vii) Special tariff treatment should be backed up by origin

32.

rules.

Should the llong Kong Delegation press the matter further,

CONFIDENTIAL

/we

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