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ONFIDENTIAL
Suggested Amendments to 200(69)17 in the Version to be
submitted to Ministers
Paragraph 11
Amend to read as follows:
"Hong Kong is resigned to the extension of the
LPA but would like to see some of its provisio
amended so as to force importing countries to
interpret it in a more liberal way.
Faragraph 26 (ii) Amend the opening of the paragraph to read
as follows:
1
"To try to bring all forms of control over
imports within the framework of consideration
in the GATT. This would mean that bilateral
restraint arrangements would have to be dis-
closed to and specifically considered in the
GATT. This course is attractive in principle
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Paragraph 28
Amend to read as follows:-
"The discussions on cotton textiles in Geneva
are likely to last for some time. We need,
therefore, be in no hurry to decide on a final
line. Against the background of decisions
taken recently by Ministers, it would be
reasonable for us to make it clear that we
should shed no tears if the ITA was brought to
an end from the beginning of 1972, since we
would be content as from that date to rely
solely on the tariff for protection, provided
other importing countries were prepared to do
the same. In short, we would prefer not to be
put in a position where we might feel obligod
to use once again the special procedure for
derogation from GATT principles which was
enshrined in the MA.
On the assumption that
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