0003230 G.F. 323
CONFIDENTIAL
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equivalent to such short-falls during the period covered
by this Memorandum provided that such exports
(i)
are in the Groups where the short-falls occurred;
(ii) do not exceed 10 per cent of the levels specified -
in the Agreements of 1969.
Admission of imports
6. The Government of Sweden will not admit imports of the
items of Hong Kong origin listed in the Annex unless such
imports are covered by a Hong Kong export licence endorsed
by the Commerce and Industry Department, Hong Kong, that the ·
consignments concerned have been debited to the agreed limits.
Re-exports
7.
The Government of Sweden will so far as possible inform
the Hong Kong Government when imports into Sweden of exports
from Hong Kong that have been debited to the agreed limits
are subsequently re-exported from Sweden.
Government may then credit the quantities involved to the
appropriate limits.
Exchange of Statistics
The Hong Kong
8. The Hong Kong Government will provide the Government of
Sweden with fortnightly statistics of exports of the groups
listed in the Annex that have been licensed for export to
Sweden debited to the limits set out in the Annex.
9. The Government of Sweden will provide the Hong Kong
Government with quarterly statistics of total imports and
imports from other significant suppliers of each of the
groups listed in the Annex.
Consultation
10.
The Governments of Sweden and Hong Kong agree to consult
together, at the request of either party, on any matter
arising from the implementation of these arrangements.
CONFIDENTIAL
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