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perhaps Norbom also, preferred that if anything had to be
done on nun-cotton textiles, it should be within the frame-
werk of the CTA. Salib at one point said that a two-year
extension of the CTA might provide enough time to settle
the non-cotton problem. When I said that the Americans would
almost certainly not accept that sort of time period he said
that one way might be to have a short-term arrangement on
non-cottons which would later be incorporated into a revised
CTA. I did not comment specifically on this but I did say that, if it came to the crunch and Hong Kong was forced to
accept any wide-ranging restraints on non-crtton textiles, we
considered it to be in our interests that this should be done
within the framework of the CTA and with full recogniti on
of the one market concept and roll-in.
U.K. Attitude
12. Norbom askea whether the U.K. attitude was similar to
Hong Kong's, I pointed out that there were naturally some
differences between them considering the differences in their
situations. But such differences as there were were being
ironed out through close consultations between the two
governments. As I understood it, the U.K. attitude was that
it was opposed to any extension of restraints on non-nottens
and that, although it would go along with a short extension
of the CTA as regards cottons alcne, it would not shed any
tears if the CTA were to disappear. Both Norbom and Salib
replied that they could not understand this attitude.
would be put in the place of the CTA? I replied that, sc
far as I understood the position, the U.K. Government felt that it should rely on the tariff (including the proposed new tariff on Commonwealth cotton textiles) and that quantitative
restrictions should be done away with, provided this was
accepted by other major importing countries.
What
Norbom and
/Salib
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