0003230
G.F. 323
CONFIDENTIAL
- 14
1967
1968
1969
Total Swedish production
(all fibres)
5,518
4,426
3,845
Imports from Hong Kong
2,173....
2,866.
3,112
66.
Referring to the import statistics of all these items, Baron de Geer observed that, in most but not all cases, where Hong Kong had registered a decline, there were corresponding increases from Macao. These figures tended to suggest the possibility of
He re-export to Sweden which seemed easy under the circumstances. enquired whether Hong Kong manufacturers had interests in the factories currently operating in Macao.
67.
Mr. Ho said that the possibility of re-export was not borne out by trade statistics. There were, of course, re-exports of Macao products via Hong Kong, but not in these items. Mr. Ho observed that where imports from Hong Kong were decreasing and those from Macao in the same items were increasing there was a clear case in equity here to rescind the restraints on Hong Kong. In reply, Baron de Geer. said that if anything, the statistics indicated that Macao should also be restrained.
68.
In reply to Mr. Ho, Baron de Geer said that as far as these items were concerned, Sweden had an agreement with South Korea which allowed for import restrictions to be imposed when imports reached a certain level.
69.
Mr. Ho said that he would like to know, for comparison purposes, the average price of Swedish exports. Mr. Strandberg said that he did not have this information immediately available, but that he would arrange to find out from figures relating to the first half of 1969.
70.
Cotton sweaters having already been examined at the First Session, the discussion then turned specifically to the discontinuous synthetic fibre items which were under restraint (w. & g.) or had been under export authorisation (m. & b.).
Sweaters. jumpers and cardigans, knitted
or crocheted. wholly or mainly of discontinuous synthetic fibres, women and girls' wear (ex 841.866)
i
71.
Commenting on the figures provided by the Swedish delegation for this item, Mr. Ho said that whilst production had declined so had imports from Hong Kong. Conversely, Macao's performance had improved tremendously. U.K. and Japan had also made significant advances.
72.
In reply to Mr. Ho, Baron de Geer stated that Hong Kong, South Korea and Formosa were already under quantitative restraint on this item, South Korea being restrained in 1967, There was also import control on imports from Japan.
Sweaters, pullovers, slipovers and cardigans, knitted or crocheted, wholly or mainly of discontinuous synthetic fibres, men's and boys' wear (ex 841.863)
73. steady.
Mr. Ho pointed out that production of this item had remained Total quantity under export authorisation including
/outstanding
CONFIDENTIAL
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