CONFIDENTIAL
2.
undertaking given by the Hong Kong Textiles Negotiating Committee to the United Kingdom Cotton Board on 31st December 1958.
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10. (1)
This undertaking shall not apply to cotton textiles, whether in the piece or made up, which are imported into the United Kingdom for re-export therefrom with or without processing or making-up in the United .Kingdom.
(2) If it is established to the satisfaction of the Hong Kong Government, after consultation with the United Kingdom Board of Trade, that cotton textiles exported to the United Kingdom under the provisions of paragraphs 3 to 8 above for retention there have subsequently been re-exported with or without processing or making-up as defined below, a further amount equal to the quantity so re-exported shall be added back to the appropriate ceiling established by paragraphs 4, 5, 6 and/or 7 above, provided that, in the case of the re-export of made-up goods, this clause shall apply to those made-up textile goods only
11.
(a) which are manufactured wholly or mainly of the imported
cotton cloth, and
(b) where there is no more than one change of ownership between
the import of the cloth and the export of the mace-up goods.
The Hong Kong Government shall be solely responsible for the legal and administrative arrangements necessary for the proper carrying out of this undertaking and may request the United Kingdom Board of Trade to put into force any ancillary arrangements in the United Kingdom which it may deen necessary.
12. The right is reserved to cancel this undertaking if the existing agreements of either the Indian or Pakistani cotton textile industries to limit the export of cotton textiles to the United Kingdom is cancelled, disturbed, or otherwise altered to the detriment of Hong Kong (except to the extent that the ceilings specified in those agreements may be increased in line with the ceilings applicable to exports from Hong Kong for the period 1st February to 31st December 1962.) It is emphasised that Hong Kong is not a party to the Indian and Pakistani agreements, nor committed to them in spite of the exception in this paragraph and the contents of the Annex to this undertaking.
13.
If the United Kingdom Government imposes duties on imparts of cotton textiles of Hong Kong origin before the expiry of this undertaking, the right is reserved to call for consultations to consider what modifica- tions of the undertaking should be made and if satisfactory modifications are not made within one month of the imposition of such duties, the right is reserved to cancel this undertaking.
14. The right is reserved to cancel this undertaking should the Hong Kong Government at any time decide that economic conditions in the Colony have deteriorated to such an extent as to justify its withdrawal, in the general interests of the Colony.
15. This undertaking is given in the light of the assurances given by Her Majesty's Government, and renewed on 4th August 1961,
(a) vigorously to oppose the unilateral imposition of restrictions
by other countries on imports from Hong Kong, save only insofar as such restrictions may legitimately be imposed within the terms of an international agreement to which Hong Kong is a party; and
(b) not to sponsor approaches which might be made by other indust-
ries in the United Kingdom with a view to the limitation of exports from Hong Kong to the United Kingdom.
Tong Kong,
9th September 1961
Sex pleines
of (56).
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