TNAG-0152-FCO40-188-Exports-of-cotton-textiles-to-Canada-1969 — Page 143

0003230

G.F. 323

}

CONFIDENTIAL

Enclosure 2

1.

Hong Kong's Restraint Agreement.. with Canada

Article 4 Agreement on Cotton Fabrics

This Memorandum of Understanding sets out the arrange-

ments which have been agreed between the Governments of Canada and

Hong Kong regarding the limits to be applied by the Government of

Hong Kong to exports of certain cotton apparel and cotton fabrics

to Canada.

2.

(Paragraph on apparel covering the period 1st October,

1966 to 3rd September 1967).

3.

In respect of fabrics, the Governments of Canada and

Hong Kong agree that:

(a)

these arrangements are made under Article 4 of the

Long Term Arrangement;

(b)

(c)

these arrangements relate to the three twelve-month

periods ending 30th September 1967, 30th September

1968 and 30th September 1969;

these arrangements relate to the products listed in

Annex B which shall form an integral part of this

Memorandum of Understanding;

(d) within the group limit the maximum limits on certain

categories shall be as listed in Annex B as specific

limits;

(e) within the group limit, any of the specific limits on

the categories listed in Annex B may be increased in

each of the three twelve-month periods by not more

than ten per cent, with equivalent reductions in the

other specific limits for the same period;

(f)

in each of the three twelve-month periods, the group

and specific limits may be increased by not more than

five per cent, with equivalent reductions in the

corresponding limits for the succeeding twelve-month

period;

CONFIDENTIAL

/(g)....