TNAG-0303-FCO40-339-Effects-of-tariffs-on-imports-of-cotton-textiles-to-UK-from--1971 — Page 108

HUVA TY LANCASHIRE AT THIS TIME OF EXCEPTIONAL CITIVLORENS

CHINGIVELY AND INDICATIONS OF HEAVY SHTPRENTO MOREADY IN Het ka 26.

SITARS FURTHER STEPS TO CONTAIN THE HHPACT OF TUPORTE ON

L

5. THEY HAVE, THEREFORE, DECIDED TO RETAIN IN 1972 THE EXISTING

QUANTITATIVE RESTRICTIONS IN ADDITION TO THE NEW TARIFF.

6. THE BRITISH GOVERNMENT HAVE TAKEN THIS DECISION ONLY AFTER

THE MOST ANXIOUS CONSIDERATION. THEY BELIEVE THAT THE STABILITY

THAT THIS ACTION WILL BRING TO THE BRITISH MARKET WILL BE OF VALUE

TO OVERSEAS SUPPLIERS AS WELL AS TO THE BRITISH INDUSTRY,

NDUSTRY

Họng hóa

THE BRITISH GOVERNMENT RECOGNISE THAT THE GOVERNMENT OF THE

WOULD HAVE WISHED, IF QUANTITATIVE RESTRICTIONS HAD TO BE RETAINED,

FOR THE NEW TARIFF TO HAVE BEEN DEFERRED. BUT FOR OVER 2 YEARS

THE BRITISH TEXTILE INDUSTRY HAS PLANNED ITS INVESTMENT AND

MARKETING IN THE EXPECTATION OF PRICE AND PROFIT LEVELS RELATED TO

THE TARIFF, AND QUOTAS ALONE WOULD BE NO SUBSTITUTE FOR THAT.

NOTI