TNAG-0136-FCO40-172-Tariff-preferences-for-developing-countries-1970 — Page 44

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PARTICULARLY THEIR FORMER COLONIAL COUNTRIES AND THAT OUR FIRST STEP

WOULD BE TO ATTEMPT TO WORK OUT A GENERAL SYSTEM OF TRADE FREFER-

ENCES WHICH WOULD APPLY EQUALLY AND FAIRLY TO ALL OF THE DEVELOPING

COUNTRIES, INCLUDING THOSE OF LATIN AMERICA.

WE ARE BEGINNING TO IMPLEMENT THAT RECOMMENDATION AS CONTAINED IN

MY SPEECH, HOWEVER, THE ROCKEFELLER REPORT INDICATES THAT, IF IT IS

NOT POSSIBLE TO WORK OUT A SATISFACTORY ARRANGEMENT IN THE DIRECTION

OF IMPLEMENTING A RECOMMENDATION FOR TRADE PREFERENCES FOR ALL OF

THE DEVELOPING COUNTRIES BECAUSE OF THE TIES THAT MANY OF THOSE

COUNTRIES WILL HAVE WITH FORMER COLONIAL NATIONS, THEN THE GOAL THAT

WE HAVE IS TO HAVE SPECIAL TRADE REFERENCES FOR LATIN AMERICA.

THIS INCIDENTALLY IS NOT A NEW GOAL AS FAR AS I AM CONCERNED, THE

GOVERNOR WILL REMEMBER I RECOMMENDED THIS IN 1958 WHEN I RETURNED.

HE HAS BEEN RECOMMENDING IT LONG BEFORE THAT.

BUT OUR GOAL IS OVERALL TRADE PREFERENCES FOR ALL THE DEVELOPING

COUNTRIES, BUT SPECIFICALLY AND PARTICULARLY FOR LATIN AMERICA, IF

IT IS NOT POSSIBLE TO WORK IT OUT FOR ALL.

UNQU TE

3. REFERENCES IN ABOVE QUOTATION TO QUOTE MY SPEECH UNQUOTE RELATE

TO PRESIDENT'S SPEECH OF 31 OCTOBER.

4. GOVERNOR ROCKEFELLER MADE FOLLOWING COMMENT IN REPLYING TO QUES-

TIONS.

QUOTE

BUT, MANY OF THE EUROPEAN NATIONS HAVE SPECIAL RELATIONSHIPS ALREADY

WITH THEIR FORMER COLONIES. IF THEY ARE UNWILLING TO GIVE THOSE UP

TO GO TO A GENERAL AGREEMENT, THEN THE UNITED STATES WOULD GO AHEAD

ON THIS BROAD BASIS WITH THOSE COUNTRIES WHO ARE NOT INVOLVED,

WHICH WOULD BE FRIMARILY LATIN AMERICA, THE OTHER AMERICAN REPUBLICS,

AND THEN AS THE EUROPEAN NATIONS DECIDE TO JOIN, THEN THEY WOULD DO

THE SAME.

/SO, IT REMAINS