TNAG-0384-FCO40-430-Trade-relations-between-Hong-Kong-and-the-EEC-1973 — Page 75

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RISTRICT 10

Kr Phillips (TRAD)

COP ON PALTH REV RUS

1.

.

IT I remember rightly, it trumpired carlier this your that i Dependent Territorios enjoy burile autonomy and a mubor of them apply tariffs on Juport from the UK or do not reciprocite Opamonwealth araferences afforded them in the Uk murkol. In the context of the debate on trade reciprocity under the next Convention of Association, the French have made a certain mount of play of the inconsistener of the 10 being part of a preferential trading cystow - the Cowontealth Proference Area while arguing against a two-my proferential system under Yaoundő 117. It would be nogs helpful if you are able to set out.. denen loney by dependerey, the brond degree of preferonco hich the it enjoys over the

ufn rate.

2. I am sending copies of this minute to Descubrenta responsible for de endent territorios. I shon? I be grateful to low-hathir they would son my objection if the territori par concerned sought to apply tariffs on importa from the UK. (An they will appreciate, any tariff preferance onjoyed in these markets by the UK vill liave to we extonded to other Herber "bates of the 300

when these territories become associates under Burt TV arrangements. The only possible objection to applien- tion of tariffs against inports from the 1% would therefors be that this night reduce our competitive ndvintage vis-a- vis other doveloped countries such as the UJA. Where could of course be no question ou the "nited Itates or Japan enjoying more favourable turi trentrent than Jorunity embers under Association arrangemento).

25eptoubor 1973

P.S. Fawweather

Piruoather

European Integration Department (4)

1 Clason (2099 Dept.)

Er Crowson (RIOD)

hr Tattheve (ITAD)

for infomation:

Ar Jaunlon (609)

Ar Reid (Caribbean Dept.)

rullerton (IAD)

The. Trew (HRIOD)

DD 145177 219242 500M 4;73 GM 3643/2

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