TNAG-0281-FCO40-317-Visit-of-the-Chancellor-of-the-Duchy-of-Lancaster-to-Hong-Ko-1970 — Page 151

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the six founder nations, and we can all under-

stand why it is so jealously defened.

But

many people in the present Community as Mr.

Marshall is well aware are highly conscious

of the serious anomalies which that policy

has produced, particularly so far as surpluses

are concerned, and there is a growing

determination to remove or reduce these as soon

as possible. Moreover, we should not ignoe

the fact that farming populations in

Community Europe have been very

substantially reduced in recent years.

believe that it is realistic to expect

dramatic changes in the Common

I do no

Agricultural Policy in the immediate future.

But time will undoubtedly remove many

problems in this sector.

5. But meanwhile it creates real problems for

you in the context of our membership and

In

I believe this fact is well recognised among

the Six Governments and in the Community.

this connection I was very heartened to hear

that the Dutch Minister of State for Foreign

Affairs, Mr. de Koster, had visited you

recently. Of course, New Zealand has already

shown remarkable resourcefulness and

adaptability in diversifying her general

trading patterna. I studied the valuable

report of your Monetary and Economic Council

and was very struck by some figures

illustrating how much diversification

has already taken place.

Your exports have

shifted, roughly speaking, from an 84%

dependence on us in 1938

- to a 56% dependncce

in 1958 and to a dependence of 38.5% in

1969. This is a remarkable change.