TNAG-0300-FCO40-336-Entitlement-of-Hong-Kong-to-generalized-tariffs-preferences--1971 — Page 106

NOTHING TO BE WRITTEN IN THIS MARGIN

RESTRICTIONS

restrictions within a year or two of abandoning them

in favour of a tariff. ..e have amongst other

things to decide whether, when we re-adopt

quantitative restrictions, we shall also wish to

Ching jucks

retain a tariff, or the Ditrom Ao be chuty from.

The Secretar of State should be aware-that-the

Department of Trade and Industry, which is

responsible for AE(71)35, has found difficulty in

reconciling its many different departmental interests

in regard to the proposals in this paper. This

accounts-for-its-somewhat-dis-jointed_argument.

ARGUMENT

TIMING OF ADAPTATION

4.

We can accept the argument in the paper that

adaptation should be delayed until 1 January 1974,

since the Community's Generalised Preference Scheme

is expressed in terms of the Common External Tariff,

to which we shall only start to move on that date.

We have reason to suppose that this date for

adaptation will be acceptable to the Community,

provided always that we do not raise too many

difficulties in other fields, which might make them

less forthcoming.

COTTON TEXTILES

$.

We have to decide whether we can accept, as the

Community expects us to do, inclusion from the date

of our entry, i.e., 1 January 1973, in the

Community's arrangements under Article 4 of the Long

Term Arrangement for trade in cotton textiles

(paragraph 9 of the paper). If we do accept this,