TNAG-0244-FCO40-280-Exports-of-textiles-from-Hong-Kong-to-USA-1970 — Page 20

CONFIDENTIAL

and

that we and other countries, including Hong Kong, will insist on our GATT rights if Congress does act unilaterally: secondly to enable us to assess whether the effects of unilateral action by Congress and its repercussions e.g. by way of the restrictions that might be applied in the absence of adequate compensation, would necessarily be worse for world trade and for our own interests than the distortion or weakening of the GATT that would be involved in giving GATT blessing to some blatantly non-GATT-worthy action by the U.S.

7.