ersals) was found reasonable so long as it
was restricted to the periodic reviews of the
GPS. The Chairman suggested that when the EC
put to us their proposals on Hong Kong, we could
to post yf then introduce such conditions our reaction.
The Chairman summed up this part of the dis-
cussion to the effect that of the suggestions
afvorced by Hong Kong, only the periodic review
seemed really practicable. The Govenor stated
that he could not accept the arguments against
the exclusion of textiles and footwehry for all
beneficiaries. The Chairman replied that in the
last resort it would depend on Ministers, but
that advice in favour of such a course could not
be offered to them. However, the Governor's
fisappointment would be clearly noted.
DZ 446 4
r. Cater raised a technical point of in-
portance to Hong Kong, namely that where the
territory was not a beneficiary in the ESC
scheme, as in textiles and footwear, her per-
fomance should not be included in the calcu-
letion of the corresponding duty quote. This, if would be to enlarge the quote for the benefit
her competitors. Mr. Hanney said that we
ino ini'ormation on EBC intentions on this
molt, and it was unlikely that they had devoted
Phou-ht to it yet. The Chairman observed that
logic would surely permit a quote calculation
in the manner Hong Kong feared. However, this
too could be clarified shortly. EEC domestic
inlustry would no doubt ensure that the quota
med smaller, not larger.
As regards.
7.
MA
the items in paragraph 3 (ii) of Codel
29, Sir J. Cowperthwaite said that these also
accended,
}
NOTHING TO BE WRITTEN IN THIS MARGIN
No comments yet.
Private notes are available after approval.