TNAG-0299-FCO40-335-Entitlement-of-Hong-Kong-to-generalized-tariffs-preferences--1971 — Page 157

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Mr W E Booth

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UNCTAD GENERALISED PREFERENCE. SCHEME

1. We have just received from DTI a supply of offprints of a descriptive article on the GPS which appeared in "Trade and Industry" on 24 March. This article (composed by CRE1) is still the best reasonably concise "unclassified" account of the GPS available and you may find it useful to keep the attached copy for reference purposes.

2.

Since the article was published the EEC have announced that they will implement their scheme from 1 July. Enabling legisla- tion for our own scheme is included in the Finance Bill, at present before Parliament, with a view to our being in a position to introduce the UK generalised preference scheme before the end of the year:

12 May 1971

Copies to:

Mr Bottomley Mr Gallagher Mr Pakenham

K.f. Bun

KF X Burns

Trade Policy Department G 3/1 Tel G 49

Arabian Dept

AIOD

Caribbean Dept

CSAD

Commodities Dept

Commonwealth Co-ordination Dept

DTGD

EAD

EESD

Economists Dept

EID

ECIU

EPD

FED

FPAD

GIPD

HKDV

LAD

NED

News Dept

N African Dept

N. America Dept PDTD

Planning Staff PUSD SAD

SEAD SWPD SED

Research Dept UN (E&S) Dept

WAD

WID

WED

WOD

RECEIVED IN REGISTRY No.511

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HRIGH

PA

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