B
Liti
it is thought that,
if the
18.
extended for a period of three years and it is unlikely that the developing countries would agree to any longer period on this occasion. The U.K. has no interest in prolonging the Agreement after 1st January, 1972 - when the tariff on imports from the Commonwealth will
On the last occasion the Agreement was
come into effect and/or by ang ct me
Agreement was allowed to expire on 30th September, the exporting countries would probably agree to our continuing the quotas for a further year. The alternative would be for us to invoke Article XIX of the G.A.T.T. to impose non-discriminatory restrictions, which from the developing countries point of view could mean our taking back licensing control into our own hands.
L by the Textile Cornel 93.
On the other hand, we would be accused of bad faith if we actually took the lead in the C.E.C. in opposing a continuation of the C.T.A. after 1970. Cur best line would therefore be to :
a) join with Japan and the developing countries in criticising the way in which the C.T.A. has been implemented by the developed countries, and
b)
propose as a compromise the extension of the C..A. for a further period of three years during which the member countries would undertake :-
(i) not to impose additional restrictions
on inports of cotton textiles except under Article XIX of the G.A.2.7., and
(ii) agree to an annual review of their
existing restrictions with a view to their abolition by 30th September 1973, it being understood that any restrictions remaining in force at the end of that tine would have to be applied non- discriminatorily under Article XIX of the G.A.T.T.
/20.
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