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CYPHER/CAT A
UKMIS GENEVA TO FOREIGN AND COMMONWEALTH OFFICE IMMEDIATE UKMIS GENEVA TEL. NO. 23 TO HONG KONG
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ADDSD TO HONG KONG TEL NO 23 OF 22 MAY REPTD FOR INFMN TO F C O WASHINGTON AND BRUSSELS (FOR DODGE) RECEIVED IN
FOLLOWING FROM JORDAN
U S COTTON TEXTILES
REGISTRY No.45
26 MAY 1970
ROUTINE
KEDVED IN R CISTERN 1
26 MAY 1970
HKK6/16
WE WERE UNABLE TO SHIFT AMERICANS ON GROWTH, SWING, CARRY-OVER
AND ANTICIPATION.
2. IMPROVEMENTS THAT THEY WILL AGREE ARE THEREFORE LIMITED TO:
(1) MERGING OF GROUPS 1 AND 11, WITH RETENTION OF SPECIFIC
LIMIT FOR YARN CATEGORIES 1 4:
(11) MERGING OF CATEGORIES 46 AND 47 WITH LIMIT AT PRESENT
LIMIT FOR 46 PLUS AGREED LIMIT 69/70 FOR 47:
(111) MERGING OF CATEGORIES 43 AND 62 (2):
(IV)
POOL TO BE INCREASED BY 283 FOR YEAR FROM 1 OCTOBER 1970
AND 5% PA THEREAFTER:
¡
(V)
COMBED/CARDED FORMULA TO BE DROPPED.
3. ALL OTHER PROVISIONS, INCLUDING TRIGGER POINT ARRANGEMENTS, WOULD CONTINUE UNCHANGED.
4. I HAVE DISCUSSED WITH ADVISERS, WHO THOUGHT WE SHOULD ACCEPT.
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5. 1 PROPOSE TO INITIAL QUOTE POINTS OF UNDERSTANDING UNQUOTE ON THIS BASIS EARLY NEXT WEEK. DOCUMENT WOULD INCLUDE STATEMENT
THAT AGREEMENT TO ENTER INTO NEW AGREEMENT IS CONTINGENT UPON CTC
DECISION TO PROLONG CTA, AND THAT TERM OF NEW AGREEMENT SHOULD BE
SUBJECT OF FURTHER DISCUSSION AFTER CTC MEETING. (THERE HAS BEEN NO FURTHER MENTION OF DIFFERENT CONDITIONS FOR A 5 YEAR RATHER THAN 3 YEAR AGREEMENT).
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/6. I THINK
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