TNAG-0298-FCO40-334-Entitlement-of-Hong-Kong-to-generalized-tariffs-preferences--1971 — Page 98

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preference system. thought that a successful conclusion to the talks should be possible before the end of the year. This would be followed by a long process of ratification after which Britain would formally join the EEC, perhaps at the beginning of 1973. After entry there would be a transition period. The question of tariffs on imports from the Commonwealth was still under negotiation and there would presumably be different arrangements for different countries and commodities.

Mr. Bottomley replied that personally he

British Embassy

TOKYO

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