TNAG-0299-FCO40-335-Entitlement-of-Hong-Kong-to-generalized-tariffs-preferences--1971 — Page 33

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

resources within the 6 mile limit, Norway and Britain

thore.

1

had preserved it. The most difficult problem concern

then

the future markets for the agricultural products of

New Zealand. New Zealand had been our most loyal

་ ་ 7

supporter, A model ally and friend. Unless we could get a settlement acceptable to New Zealand we could

not enter the Common Market.

Even if agreement were reached in the near futur

entry could not take place until January 1973. There. wo

then be a 5 year transitional period in which we coul

work out arrangements to help our traditional

suppliers. Thereafter we should be able to operate

internationally in the economic field as the countrie

in the Market now, eg France, had been able to do so.

It had been agreed that the problem of Sterling would.

be dealt with outside the negotiations for entry.

>

The French now recognised that this was a difficult technical problem. A solution over Sterling would

eliminate much of the trouble, over currencies in

Europe.

Mr Aichi said that Japan wished to expand her

economic activities with the Community. He hoped tha

the difficulties presented by the existing safeguard

clauses and discriminatory treatment could be overcom

Consultations with the Community would take place ove

some of these issues next month. He hoped that

before the United Kingdom entered the Community it

would be possible to resolve some of the issues

still pending between the UK and Japan. Sir Alec

Douglas-Home said that he was glad, that the Japanese

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