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CONFIDENT I AL
point out that this would involve no sacri-
fice for HLG since we were already giving
duty-free access to Hong Kong in the se
products.
Another
18.
It should be pointed out that although
the subject of UNCTAD Preferences will
undoubtedly come up in the talks about our
REC entry, there will be further scesions to
deal purely with this subject. British
officials, therefore, might do well not to
become too embroiled with the subject of
UNCTAD when discussing C matters.
subject which the Hong Kong officials may
wish to discuss at a separate session is
HMC's decision, now confirmed by Ministers,
to impose a tariff on cotton textile imports
from the Commonwealth from 1 January 1972.
In the UNCTAD context, it might be pointed
cut to Hong Kong officials that, should we
enter the Community and adopt the Community's
UNCTAD Preference Scheme, we should there-
fore be in a position of extending duty-free
"altret on a vestad hans. access once again/to them in the UK market
for their cotton textile products.
This
again, however, is a subject which might
well be left to a separate session.
Future Community Policy
19. It will be necessary to emphasice to
Hong Kong officials the determination of
EMC, as a member of the enlarged Community,
/to work
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