TNAG-0240-FCO40-276-Entitlement-of-Hong-Kong-to-generalised-tariffs-preferences--1970 — Page 204

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the existing Community. The Community's

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Cousis Ventry

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policy to the third world had been an

witness their approach to Gamesitised

open-minded one, They were taking an open-

policy towards generalised preferences in

UNCTAD. They had consistently pursueti

this open approach. It might be necessary

to think in terms of world wide agreements

8.

for certain basic products. Mr. Rippon

said that he had stressed in his speeches

the outward-looking nature of the Community.

In thenegotiations it was a little difficult

put forwarde exact solutions of the problems we hav for us to go forward and say axactly

what it was that

stated, ana kus

should like in dealing

with the problems which arose; it was

Spectre

difficult as it were to make a demand on

the Community. He thought, however, that it

would be helpful if we were to suggest portre

solutions. This we would do on transitional

periods that afternoon. He agreed with

Signor Malfatti about the need for world-

wide solutions to world-wdde trading

12//27

problems,

Many

There were mere worries about

protectionism in the world at present,

and non-tariff barriers represented perhaps

the most difficult impediment to trade.

Hong Kong for instance

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were very worried

about the possibility of discrimination

her

against them in favour of South Korea

and Taiwan. He recognised that the Six

had difficulties over Hong Kong. But

Hong Kong's economy was vulnerable to a

much greater extent than that of Taiwan.

It would be very helpful if Hong K_ng

could be dealt with adequately in the

9 his wisia

context of mine preferences, thereby

reducing the size of the difficulty in the

enlargement negotaations.

inswer to