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COTTON TEXTILES
TALKS TO BEGIN IN LONDON ON 10 JANUARY 1972
PRESS RELEASE IN HONG KONG
G 152
TALKS ONE
2.
Following is text of announcement to be made here 0900Zhrs:
Financial Secretary, Mr Haddon-Cave, accompanied by
officials from Commerce and Industry Department and members
of Textile Advisory Board leave for Britain tomorrow evening,
Saturday 8 January 1972, for trade talks.
3. In London they will hold discussions with representatives
of British Government on exports of cotton yarns and cotton
woven textiles from Hong Kong to the United Kingdom in 1972.
4. These discussions are a continuation of those held in
early part of December last year when Financial Secretary
went to London following British Government's sudden decision
to continue quotas on cotton in addition to imposition of
tariffs.
5.
Commenting on forthcoming discussions Mr Haddon-Cave
said: "Our main concern will be to seek ways and means of
easing difficult situation which Hong Kong cotton textile
industry is now facing as result of Britain's sudden decision."
"I do not repeat not expect talks to be easy. They
will certainly be detailed and I am therefore very pleased
that I shall have available to me in Lond on the advice and
6.
support of Hong Kong Textiles Advisory Board,
7.
Delegation comprises following:
he added.
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