TNAG-0345-FCO40-381-UK-and-Hong-Kong-talks-on-cotton-textiles-1972 — Page 17

FIDENTIAL

10% swing between specific categories with (c) unlimited swing into the basket. Furthermore, although finished cloth was categorised (with an export authorisation system), it had no specific limits imposed. However, if the UK preferred to have specific limits in this sort of arrangement, Hong Kong was ready at any time to accept surveillance of her exports under an EA system or trigger points, whichever was considered more suitable.

The meeting was adjourned at 12.30 p.m.

CONFIDENTIAL