TNAG-0384-FCO40-430-Trade-relations-between-Hong-Kong-and-the-EEC-1973 — Page 60

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CONFIDENTIAL

OTHER OPTIONS

10. Officials have considered the possibilities of reducing the

discrimination against Hong Kong in ways which did not involve

amending the terms of our Accession. These might be:

(a) The complete exclusion of textiles and footwear from

the Community's GSP. This would be contrary to the 1972

European Summit's call for improvements to the Community

GSP. The need to improve the GSP was endorsed at the

recent GATT Ministerial meeting in Tokyo; or

(b)

The possibility of taking the whole question of textiles

out of the GSP context and considering it instead in the

wider context of the Community's textile policy. We have

tried, so far unsuccessfully, to pursue this course in

Brussels. The Official Committee on Europe have decided

that we should abandon this policy early enough to allow

us to make the necessary administrative arrangements to

align with the Community GSP on 1 January 1974.

(In any

case it would of course leave unsolved the question of

footwear.)

(c) We could seek to lower the Butoirs (the limits within

the duty-free quota under the GSP available to any one

country).

In the view of the European side of the Office the third of these

options stands the best chance of acceptance within the Community.

But it would meet objections from the supporters of a liberal trade

policy. From the point of view of Hong Kong this option could

CONFIDENTIAL

/diminish

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