TNAG-0248-FCO40-284-Effect-of-entry-of-UK-into-EEC-on-exports-from-Hong-Kong-1970 — Page 84

CONFIDENTIAL

49.

(a) Countries covered by the UNCTAD Preferences Scheme.

These are primarily the countries of the Asian

Commonwealth: India, Pakistan, Ceylon, Malaysia, Singapore,

Nauru and Brunei.

50. The provisional agreement over India, Pakistan and

Ceylon reached in the 1962 negotiations was complex, Its

main features were:

(a) a dcclaration of the willingness of the enlarged

Community to negotiate comprehensive trade

agreements with India, Pakistan and (if she so

wished) Ceylon, with the object of maintaining

and, if possible, increasing the foreign exchange

earnings of these countries and helping to

implement their development plans;

(b) the c.e.t. on tea would be reduced to nil;

흐흐

(c) nil tariffs by definitive reduction or suspension

on certain other items (including tropical

products and some sports equipment);

(a) the very gradual application of the common

(0)

external tariff to an agreed list of processed

agricultural products;

special arrangements for the gradual application

of the c.e.t. to cotton textiles and provision

for remedial action if exports fell below a

certain level;

(f) provision for the application of the c.e.t. to

jute goods (excluding heavy jute goods), the

establishment of a British quota for such goods

and the abolition of British quantitative

CONFIDENTIAL

/restrictions