TNAG-0332-FCO40-368-Visits-of-Secretary-of-State-for-Foreign-and-Commonwealth-Af-1972 — Page 160

EX CLAIR

FM HONG KONG

URCLASSIFIED

TO ROUTINE FCO TELNO BIS 11 OF 15 FEBRUARY

CONFÉRENCE EIGHT ASKED TO BE SPECIFIC ON WHAT

REWARDS HONG KONG WOULD GET FROM BRITAIN APOSTROPHE SSS

ENTRY INTO THE EUROPEAN ECONOMIC COMMUNITY COMMA SIR ALEC

COM

SAID COLON QUOTE THE COMMUNITY ALREADY DEAL IN FORTY HYPHEN

ONE PER CENT OF WORLD APOSTROPHE SSS

TRADE STOP THEY ARE BIGGEST AND RICHEST TRADING BLOCK AND

THEY ARE GETTING RICHER STOP THEREFORE THIS MARKET OF TWO HUNDRED

AND FIFTY TO THREE HUNDRED MILLION PEOPLE WILL BE AVAILABLE

AND HONG KONG WILL BE ABLE TO MAKE SPECIAL ARRANGEMENTS WITH

IT STOP EYE THEREFORE THINK THAT COMPARED TO

THE FUTURE WHICH MIGHT HAVE MEANT THAT BRITAIN COMMA

SO TO SPEAK COMMA WENT IT ALONE COMMA THAT THE PRIZES BOTH FOR

BRITAIN AND ANYBODY ASSOCIATED WITH BRITAIN OR BRITISH COLONIAL

TERRITORY COMMA WILL BE VERY BIG COMMA HAS TO BE PROVED THAT -

NEVERTHELESS COMMA EYE THINK THAT THIS IS

AYE FAIR BET STOP UNQUOTE PARA

QUESTIONED ON REASONS ON IMPOSITION OF QUOTAS ON TEXTILES FROM

HONG KONG AND WHY IT WAS DONE AT SUCH SHORT NOTICE COMMA

SIR ALEC SAID QUOTE LET ME SAY IMMEDIATELY THAT EYE REGRET

WE HAD TO IMPOSE THE QUOTAS STOP THE ANSWER TO MAIN

/PART

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