TNAG-0240-FCO40-276-Entitlement-of-Hong-Kong-to-generalised-tariffs-preferences--1970 — Page 201

Enantities A

presing butter and cheese products/in erms of their milk equivalents was useful. Deniau said that the transitional/period or New Zealand would anyway have to be longer han other transitional periods. The

ouble was and he had so informed

Marshall - that no-one could pretend

was

ew Zealand was a developing country, and that he New Zealand standard of living was among he highest in the world. It was therefore

possible to give the/New Zealanders any sort permanent guarantee. It was interesting hat Latin American countries were already pre dependent on/Europe for their external rade than New Zealand. Mr. Rippon said that he New Zealand economy was very vulnerable -

d the standard of living correspondingly recarious As regards their other main kport product, lamb, he thought that the

w Zealanders could cope, provided there was sheep meat regulation. Their problem was ess that of the 20% tariff than of quota estrictions.

Mr. Rippon then turned to Hong Kong here the problem was less that of British

try into the Communities than of the eneral state of world trade. In his recent

sit there he had found that people were e-occupied about the possibility of ong Kong's exclusion from the proposed eneralised preference scheme and (discrimination gainst their products in favour of those from

eir competitors in Taiwan, South Korea and sewhere. He hoped that the Community would

able to include Hong Kong in its offer

DOURINMAITLAN

/under the

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