TNAG-0241-FCO40-277-Agreements-under-GATT-long-term-arrangements-for-exporting-o-1970 — Page 45

HONG KONG

Trade in Cotton Textiles

Agreement effected by exchange of notes Signed at Hong Kong August 26, 1966; Entered into force August 26, 1966; Effective October 1, 1965.

With related notes.

The American Consul-General to the Hong Kong Director, Commerce

and Industry Department

AMERICAN CONSULATE GENERAL,

No. 37

SIR:

HONG KONG, B. C. C.,

August 23, 1966.

I refer to the recent discussions in Hong Kong between represent- atives of our two Governments concerning exports of cotton textiles from Hong Kong to the United States and to the Long-Term Arrange- ments Regarding International Trade in Cotton Textiles done at Geneva on February 9, 1962. [']

As a result of these discussions, I propose, on behalf of

my Govern- ment, under Article 4 of the Long-Term Arrangements, the following agreement relating to exports of cotton textiles from Hong Kong to the United States.

1. The term of this Agreement shall be from October 1, 1965 through September 30, 1970. During the term of this Agreement the Government of Hong Kong shall limit annual exports of cotton textiles from Hong Kong to the United States to aggregate, group and specific limits at the levels specified below and in Ar¬ex A.

2. For the first agreement year, constituting the twelve-month period beginning October 1, 1965, the aggregate limit shall be 322,500,000 square yards equivalent.

3. Within this aggregate limit, the following group imits shall apply for the first agreement year:

GROUPS

I Yarn

II Fabric

III Apparel

IV Made-up goods and

Miscellaneous

1 TIAS 5240; 13 UST 2672.

IN SQUARE YARDS EQUIVALENT

7,338, S÷1 126, 853, 127 158, 189, 916 30, 118, 116

70-193-66

(1)

TIAS 6088

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