TNAG-0046-FCO40-82-Britain-s-entry-into-EEC-effect-on-trade-with-Hong-Kong-1967 — Page 97

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

30

G.F. 323

CONFIDENTIAL

<

12

In 1966, the principal markets were

U.K.

Value

$11.3 million

Tariff

nil

Sweden

$457 thousand

out of total exports valued at $13.9 million. exports to E.E.C. Member States were recorded.

15% a.v.

No significant

This item is almost entirely dependent on the U.K. market and the U.K.'s adoption of the 21% C.E.T. (17% post Kennedy Round) could severely affect this trade. The industry has commented that it is already difficult to compete in this item with Spain and Portugal.

Under garments and night garments, knitted or crocheted. not elastic nor rubberised, wholly or mainly of cotton, infants' wear (841 451)

This item was not separately classified in 1961.

In 1966, the principal markets were

-

U.K.

Value

$7.5 million

Netherlands

$1.2 million

Sweden

$536 thousand

Tariff

nil - 13/6d. per lb. or 30% a.v. whichever is the higher

21% a.v.

15% a.v.

out of total exports valued at $12 million.

Some success seems to have been scored in surmounting the 21% tariff (equal to the C.E.T.) in the Netherlands but the performance still lags behind that in the U.K. market. The U.K.' 3 adoption of the C.E.T. could seriously affect performance in this item although the C.B.T. will be reduced to 17% by the Kennedy Round.

Outer garments, knitted or crocheted, not elastic nor

rubberised, wholly or mainly of cotton, infants' wear (841 485)

This item was not separately classified in 1961.

In 1966, the principal markets were

U.K.

Singapore

Value

$2.1 million

305 thousand

Tariff

nil

nil

out of total exports valued at $3.9 million. No significant exports were made to E.E.C. Member States.

This item is entirely dependent on Commonwealth preference and the U.K.'s adoption of the 21% C.E.T. would probably have a serious effect on export performance.

CONFIDENTIAL

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