0003230
G.F. 323
CONFIDENTIAL
- 2
-
out of total exports of 8.8 million.
The C.E.T. for this item is 20% a.v. and is only subject Although to marginal reduction as a result of the Kennedy Round. Hong Kong has been able to surmount similar or higher tariffs, the U.K.'s adoption of the C.E.T. would probably depress export performance in garments containing 5% or less of silk or man-made fibres, as these at present enjoy duty-free entry into the U.K.
Outer garments of rubberised fabrics or oiled and similar impermeable materials (excluding
plastic), infants' wear (841 159)
This item was not separately classified in 1961.
In 1966, the principal markets were
U.K.
W. Germany
Value
$2.5 million
$579 thousand
nil
A
Tariff
19s. per lb.
or 30% a.v. which- ever is the higher
16% a.v.
out of total exports valued at $3.2 million.
This item is entirely dependent on the U.K. market and
the adoption of the 18% - 20% C.E.T. (10% - 17% after Kennedy Round cuts) by the U.K. would affect export performance seriously in respect of garments containing 5% or less of silk or man-made fibres.
Gloves and mittens, not knitted or crocheted, (except
leather and rubber) n.e.s. (841 263)
In 1961, the principal markets for this item were
-
U.K.
U.S.A.
Canada
Australia
$6.6 million
$5.0 million
$1.1 million
31.0 million
out of total exports valued at $14.7 million.
In 1966, the principal markets were
U.K.
U.S.A.
J
Value
8.4 million
Tariff
nil
$4.5 million
10.5% - 35% a.v.
$1.7
million
W. Germany
out of total exports valued at $19.3 million.
14% 21.4% a.v.
Hong Kong has been quite successful in surmounting the
U.S. and West German tariffs and could remain competitive over the C.E.T. of 14% - 23% (which is to be halved as a result of the
Kennedy Round). Taking into consideration other separate statistical
CONFIDENTIAL
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