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5. WE CAME TO NEW ARRANGEMENTS FOR CERTAIN PRODUCTS FROM ''SUPER-COMPETITIVE COUNTRIES''. THIS WAS FAR BETTER THAN ALTERNATIVE STRONGLY PRESSED BY SOME MEMBER STATES: TO SOLVE THE SUPER COMPETITIVE PROBLEM BY KNOCKING OUT THE SUPER COMPETITORS. SOME OF THE PRODUCTS FEATURE IN YOUR TRADE BUT I DO NOT THINK THAT THE NEW AND TIGHTER ARRANGEMENTS WILL AFFECT YOU HARSHLY. THE OTHER SIDE OF THE COIN IS THE SLASHING OF THE SENSITIVE LIST FROM
51 PRODUCTS TO 16.
6.
FINALLY, SEVERAL OF US JOINED TOGETHER TO DEMAND A FULL SCALE EXAMINATION OF THE WHOLE BASIS AND STRATEGY OF THE COMMUNITY'S GENERALIZED PREFERENCE SCHEME. THE COMMISSION WAS ASKED TO PRODUCE
A PAPER TO SERVE AS OUR STARTING POINT IN THIS THOROUGH GOING REVIEW. YOURS ARE OBVIOUSLY AMONG THE INTERESTS WHICH WE WILL PURSUE IN THIS TASK, WHICH I WANT TO BEGIN AS SOON AS POSSIBLE.
FCO PLEASE DISTRIBUTE TO ADVANCE COPY ADDRESSEES ONLY:~
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BUTLER, P/S SofS
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