TNAG-0342-FCO40-378-Effects-on-Hong-Kong-of-long-term-policy-for-textiles-in-int-1972 — Page 42

I

- 3-

exports as it does now for its country quote. (licences for the global quota are at present in the hands of UK importers). This will enable the exporting country to plan its production more efficiently and there is generally a tendency for export licensing to lead to higher prices for exporters.

Enc.

Yours ever,

K W Hazle

Commodities Department

FS

Islamabad only:

We are replying separately to your telegram no 3301.

CONFIDENTIAL