0003230
G.F. 323
CONFIDENTIAL
- 2 -
U.K.
U.S.A.
Value
1.9 million
Japan
Tariff
nil
1.4 million
10% - 25% a.v.
600 thousand
15% a.v.
The only exports
but total exports had fallen to $5 million. of note to the E.E.C. were to France which took $200 thousand in 1966.
In 1961, it was estimated that this trade was entirely dependent on Commonwealth preference for survival. Total exports have fallen since 1961 and although some progress has been made in the U.S. and Japanese markets (due, according to Hong Kong manufacturers, to Japan producing less of this item in favour of electronics and other more sophisticated manufactures), 36% of exports still go to the U.K. While the C.E.T. on this item (7% after Kennedy Round cuts) will not be high, exporters consider there will be severe competition from E.E.C. (particularly Italian and Dutch) industries and from Taiwan and South Korea which are, as yet, not firmly established in the U.K. market.
Electrical equipment for motor vehicles, aircraft, ships and cycles (except electrical starting and ignition equipment for internal combustion engines)
(729 420)
This item was not separately classified in 1961.
Principal export markets in 1966 were
U.S.A.
U.K.
W. Germany
Value
Tariff
$1.6 million
8.5% - 50% a.v.
$1.4 million
J
nil 16% a.v.
$600 thousand
11% 14% a.v.
out of total exports valued at $4.2 million.
17% a.v.
The C.E.T. for this item varies from 14% (7% - 9% after the Kennedy Round). Its effect on exports to the U.K., given the different types of equipment caught within this description, plus the fact that the preferential tariff can be as high as 16%, is difficult to assess.
Plugs, sockets, switches, etc., electric (729 981)
In 1961, principal export markets were
U.K.
Malaya
Iraq
33.6 million
$980 thousand
$320 thousand
In 1966 relative
out of total exports valued at $6.3 million. dependence on the U.K. had increased as the following figures show
CONFIDENTIAL
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