CONFIDENTIAL
intention was not the equivalent of decalage
because the process of adjustment would not
begin until a tariff was imposed.
The need
for decalage was emphasised by the concentration
of the trade with the U.K. on particular firms as a result of
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the special nature of the market, the
origin requirements for Commonwealth preference and the long period of quota control. All the
adjustment would fall on this sector, which in
all employed some 62,000 people, of which 138
firms employing 12,000 people sold 70% or more
of their production in the U.K. market.
1.7. In reply to Mr. Carey's contention that, under the post-1972 system
Hong Kong would acquire a larger share of the uk.
market, Sir J. Cowperthwaite doubted whether
Hong Kong would be permitted further growth
A
in garments (even if that were possible given
the share of the market she already enjoyed).
18. Mr. Carey denied that the decision was
intended to reinforce protection. H. M. G. Conse dived
Angst well
expected that one consequence be that
U. K. imports from developing countries would
while rise that that those from Commonwealth developed
- and non- Comwell developed couratores too countries (i.e. Canada)/wondert. Both the expected to fall!
previous and the present governments had taken
the view that duty free imports as such were a
major element in the difficulties experienced
by Lancashire, despite quantitative protection
over the last twelve years. He denied that the
original intention was that quotas should
eventually be re-imposed, although he admitted
that, on joining the E. E. C., the U.K. would have
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