TNAG-0298-FCO40-334-Entitlement-of-Hong-Kong-to-generalized-tariffs-preferences--1971 — Page 56

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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and GATT Secretariats but without asking the latter for comments. Within OECD the report by the working party would be sent as a report from the Trade Committoo to the Council and it would be for the latter to decide what, if any, further action to take within OECD.

Trade Questions in the Secretary-General's Inflation Report

6. The Committee adopted, without discussion, for transmission to the Council the report by its working party (TC(71)10) examining and finding little in the trade "recommendations" the Secretary-General's inflation report.

Progress of Work on Export Credits

7.

The Committee noted the report from the OECD Group on Export Credits and Guarantees (TC(71)4) and agreed to transmit it to the OECD Council for information.

Turkish Trade Policy

8. The Committee noted, without discussion, the report (TC(71) 12, from its working party dealing with Turkish trade policy.

Programme of Work of Trade Committee for 1971

9.

Some

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This item was only notable for a suggestion, probably inspired by the Secretariat, from Hanemann (FRG) that the Trade Committee should be doing something unspecified to ensure that the activities of such OECD bodies as the Environment and Consumer Policy Committees did not create trade problems. sceptical com ents about the vagueness of this suggestion led the Chaiman to sun-up that the Trade Committee should have a "deeper" discussion, probably in the autumn, on the subject wit the aid of a paper from the Secretariat. It was also not yet time for the Committee to ask its working party to look at the "problen" posed by the FRG delegate though it need not necessairly be excluded from a preliminary discussion of the note to be drafted by the Secretariat.

Notification of changes in the Trade Policies and Practices

10.

There was no discussion of this note (TC(71)13) from the Secretariat.

Next Meeting

11.

This was tentatively fixed for 8/9 July.

CHADWICK

INTERNATIONAL TRADE DISTRIBUTION

TPD

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