TNAG-0250-FCO40-286-Discussions-on-EEC-negotiations-between-officials-of-Hong-Ko-1970 — Page 186

Registry No.

SECURITY CLASSIFICATION

Top Secret.

Secret.

Confidential.

DRAFT

Brief

Type 1 +

To:-

From

SLOMAN

Telephone No. & Ext.

30

Restricted.

Unclassified.

PRIVACY MARKING

..In Confidence

Department Commodities

countries; the developing countries of the

Commonwealth generally (possibly with the exception of

India) should not be very adversely affected.

Hong Kong in particular should be able to maintain the

volume of her trade, possibly with trade in fabrics

decreasing but that in garments and made-ups increasing.

International Trade the Long Term Arrangement

5. International trade in cotton goods is governed by

the

a multilateral agreement called the Long Term

Arrangement on Cotton Textiles ((LTA) which was

negotiated in 1962 within the framework of GATT. The

LTA permits exporting and importing countries to con-

clude bilateral agreements for restraint of trade in

cotton goods. The United Kingdom accepted the LTA on

behalf of Hong Kong, and with our approval Hong Kong

has negotiated such agreements with all importing

countries. The countries party to¡LTA are members of

the Cotton Textiles Committee of the GATT. This

Committee, in addition to being concerned with the

administration of the LTA, undertakes studies on trade

in cotton textiles and Keeps the operation of the LTA

under regular review. Hong Kong's representatives

attend meetings of the Cotton Textiles Committee as

members of the UK delegation. They have an

opportunity to present Hong Kong's views independently

but in practice the expression of conflicting views by

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