CYPHER/CAT A
CONFIDENTIAL
FOREIGN AND COMMONWEALTH OFFICE
IMMEDIATE SEOUL
ΤΟ
TELEGRAM NO. 73
15 MAY 1969
CONFIDENTIAL·
NEUTRAL
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15
ADDRESSED TO FCO TELNO 73 OF 15 MAY RFI TO IMMEDIATE HONG.
KONG TAIPEI AND UKDEL E E C BRUSSELS AND PRIORITY UKMIS
GENEVA WASHINGTON TOKYO AND SAVING PARIS BONN ROME BERNE
BRUSSELS AND THE HAGUE,
U S/SOUTH KOREA TEXTILE TALKS.
STANS WILL LEAVE FOR TAIPEI LATER TODAY. IN HIS DISCUSSIONS
WITH MINISTER OF COMMERCE AND INDUSTRY
1) HE EMPHASISED THAT THE POLICY OF THE NIXON ADMINISTRATION WAS
FOR FREER TRADE, (NOT, REPEAT, NOT FREE, TRADE)
11) HE PRESSED FOR THE ELIMINATION OF THE AMERICAN SELLING
PRICE (A S P) (THIS IS, WE UNDERSTAND, A PROBLEM WHICH IS
PECULIAR ONLY IN U S/SOUTH KOREA TEXTILE TRADE CONTEXT).
111) HE EMPHASISED THE TEXTILE PROBLEMS OF THE UNITED STATES.
AND SAID THAT THE NIXON ADMINISTRATION WAS WORKING TO SOLVE THEM.
1V) HE TOUCHED ON THE LONG-TERM COTTON COTTON TEXTILE
ARRANGEMENT (L T A) AND HINTED THAT IT SHOULD BE REVISED,
BECAUSE IT WAS NOW OUT OF DATE OWING TO GREAT TECHNOLOGICAL
PROGRESS MADE SINCE THE L T A WAS MADE IN 1962.
V) HE MADE POINT THAT MANY EUROPEAN COUNTRIES, AS WELL
AS CANADA, HAD MADE ARRANGEMENTS FOR VOLUNTARY QUANTATIVE
RESTRICTIONS ON THE IMPORT OF TEXTILES. THE KOREANS POINTED
OUT THAT THESE VOLUNTARY RESTRICTIONS HAD BEEN MADE BETWEEN
KOREA AND THE COUNTRIES CONCERNED BEFORE KOREA'S ACCESSION
TO GATT IN APRIL, 1967, AND THAT THEY REGARDED THESE ARRANGE-
MENTS AS TOTALLY DIFFERENT FROM ANYTHING THE UNITED STATES
WERE CONTEMPLATING).
V1) HE EXPLAINED THE TERMS OF THE MILLS BILL.
RECEIVED IN. REGISTRY N- 31 16 MAY 1969
CONFIDENTIAL
2./IN THE COURSE
HKX Ghoul,
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