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from that of the U.K. Government to the U.K. industry
in many respects.
35.
Mr. Jones harking back to Mr. Nehmer's point
that m.m.f. imports had for the first time exceeded
cotton imports remarked that the only conclusion that
could be drawn from this was that n.n.f. textiles were
now in greater demand than cotton textiles. No inference
could be drawn that because one was greater than the
other there was therefore injury.
36.
Mr. Nehmer responded by giving some statistics
relating to inport/consumption ratios. At the time the
L.T.A. was negotiated, the import/consumption ratio for
cotton was 60% and for man-made fibre textiles 30%; in
1968 the import/consumption ratio for cotton was 42%
and for man made fibre textiles 54%. The significant
feature of the switch to man made fibre textiles was
that imports of these went unregulated; imports of cotton
on the other hand were covered by a network of comprehensive
restraints.
37.
With regard to paragraph 6 of the H.K. Government's
Note, Mr. Nehmer said that he would invite Mr. Blackman
to speak on employment. He would confine his remarks
to saying that since January 1969 some 33,000 jobs had
been lost in the textile and apparel industry in the
United States.
/38.
CONFIDENTIAL
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