CONFIDENTIAL
-2-
3. THE ECONOMICS MINISTRY ARE WORRIED AFRESH BY THE U. S. ATTITUDE TO CHEAP TEXTILES ENTERING THE U. S. MARKET. FRIEDRICH IS CONVINCED THAT EITHER RESTRAINT OR RESTRICTION WILL EFFECTIVELY REDUCE U. S. COTTON TEXTILE IMPORTS, WITH A CONSEQUENT ATTEMPT BY EASTERN PRODUCERS TO DI VERT EXPORTS TO EUROPE. DESPITE THE CONTINUING HEALTHY CLIMATE IN THE GERMAN TEXTILE INDUSTRY, THIS COULD BE EXPECTED TO LEAD TO SECTIONALISED PRESSURES FOR PROTECTION.
FCO PLEASE PASS ROUTINE TO UKDEL BRUSSELS AND UKMIS GENEVA, AND SAVING TO HONG KONG THE HAGUE LUXEMBOURG PARIS ROME WASHINGTON TOKYO AND BRUSSELS EMBASSY.
MR. RICHARDS
[REPEATED AS REQUESTED]
INTERNATIONAL TRADE DISTRIBUTION
COMMODITIES DEPT
H.K.D.
E.I.D.
W.O.D.
F.E.D.
E.C.I.U.
CONFIDENTIAL
ADDITIONAL DISTRIBUTION
H.K.COTTON TEXTILES
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