TNAG-0237-FCO40-273-Trade-relations-between-EEC-and-Hong-Kong-1990 — Page 102

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WHICH AS A RESULT SHOWED AN INCREASE OVER 1963 CONSIDERABLY IN

EXCESS OF THE ACTUAL INCREASE IN OUR EXPORTS. BUT CALCULATION

ON THESE FIGURES COULD NOT PRODUCE THE ALTERNATIVE RESULTS

ERNST IS REPORTED TO HAVE GIVEN MOHLER. THAT IS TO SAY 2% PER

ANNUM GROWTH ON THE EXAGGERATED 1969 BASE FIGURE, WHICH WE CALCULATED

TO BE 16,198 METRIC TONS, WOULD BE SUBSTANTIALLY LARGER THAN

5% ON THE ACTUAL EXPORT FIGURE (11,987 METRIC TONS): EVEN ALLOWING FOR THE FACT THAT, DUE TO CONVERSION FACTORS BEING USED IN HONG KONG AND ACTUAL WEIGHTS BEING USED IN THE EEC, THE HONG KONG EXPORT

FIGURES ARE GENERALLY ABOUT 85 LOWER THAN EEC IMPORT TOTALS,

40 IT WOULD ALSO BE HELPFUL IF YOU COULD ESTABLISH HOW TALKS IN

THESE SERIES HAVE GONE WITH OTHER SUPPLIERS. ERNST SPOKE OF AN

'INDIAN WEEK' SCHEDULED FOR SOMETIME IN MARCH.

FCO PLEASE PASS PRIORITY UKDEL BRUSSELS, AMBASSADOR BRUSSELS AND

UKMIS GENEVA.

SIR D. TRENCH.

[REFEATED AS REQUESTED]

INTERNATIONAL TRADE DISTRIBUTION:

H.K.D.

COMMODITIES D.

TR.FOL.D.

EUR. INTEGRATION D.

W.EUR.D.

E.C.I.U.

ADDL. DISTRIBUTION:

H.K.COTTON TEXTILES ETC.

COPIES TO:

MR. PAKEHAM, E.I.D. MR. DUNNETT, CRE,EOT MR.S.STEWART, MINTECH

RECEIVED IN

REGISTRY No.51

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