TNAG-0304-FCO40-340-Effects-of-tariffs-on-imports-of-cotton-textiles-to-UK-from--1971 — Page 30

Chia Mail - 1/2/11 TEXTILE QUOTAS ARE NOT TOO BAD

RITAL'S tanning package of tariffs and quotas on textile kerts will actually help Hongkong's industry, acording to British Trade and Industry Secretary, bán Davies.

He told the gang for a of Commens lege qez 1975.

But to ant this is London last t

tie catrËLE to new trade barrass and for free

create a stable tade. situation in what cœli

have been a disorient market.

The tariffs and

come into effe January 1.

Sources clox w the textile industry Hongkong y de barriers will crede in term hardships we eventually ma f benefit

STRONG

They say the mi quotas would tas ir imposed on Jeans L 1973 when Bro into the Market.

They say tha retaining quota

present levels for

more year cerą will be in

WRECT

M TE Who have

the Bea market KİLOK A ZEMREs quota lister or find bomba the

old two qua

The Zex ad have GEE the Open IKKE Very high Free the sources

Theme British benden vill hit the Amadest. And

CÜME MUSI recem ES

and have firms

The Tries book

of the Hezkong

this

the

1 Szwę sterve

Financial Secretary. Mr C.P. Haddon Cave and the Deputy Director of the Commerce and Industry Department: Eric Ho return 10 Hongkong from London. DCI Director. Jack Cater. had an operation for appendicitis nine days ago and was unable to be in Britain for the top level discussions. His condition today is satisfactory.

Under the British plan Hongkong's quota for woven cotton textiles will be 200 million sq vd.

The quota on knitted

fabrics will be 50 million to 60 million sq yd.

retain

And Hongkong will its privileged Commonwealth status in the British market.

i

د.

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