TNAG-0465-FCO40-530-Entitlement-of-Hong-Kong-to-EEC-Generalised-Scheme-of-Prefer-1974 — Page 44

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

Entu (1949)

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GRS 250

IMMEDIATE

CYPHER CAT/A

FM HONG KONG 080950Z

CONFIDENTIAL (FRAME FILES]

CONFIDENTIAL

HK-BBC

11 Nov 1974

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Акк67 598.

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1974

TO IMMEDIATE F C O TELEGRAM NUMBER 1121 OF 8 NOVEMBER/AND TO DUBLIN, ROME AND THE HAGUE INFO UKREP BRUSSELS AND BRUSSELS (FOR BURGESS).

YOUR TELNO 253 TO DUBLIN.

RE:

1 (188

R:

E E C G S P,

WE HAVE NO DOUBT THAT THE IRISH CONCERN IS MISPLACED AND SUGGEST THAT THE FOLLOWING ADDITIONAL MATERIAL MAY BE USEFUL

IN DUBLIN,

2. ACCORDING TO OUR RECKONING, TOTAL IRISH SHARE OF THE FOOT- WEAR TARIFF QUOTA IN 1975 WOULD BE 321,000 UNITS OF ACCOUNT (FOR WHICH HONG KONG, IF INCLUDED, WOULD HAVE TO COMPETE WITH ALL 176 ODD BENEFICIARIES), TOTAL IRISH IMPORTS IN 1972 REACHED 12 MILLION UNITS OF ACCOUNT, WHICH IS 37 TIMES THE TARIFF QUOTA. HONG KONG'S SHARE OF IRISH IMPORTS IN 1972 WAS ONLY 0.5%.

3. THE FEAR OF RE-EXPORT FROM BRITAIN IS ALSO UNFOUNDED, OUR TRADE WITH BRITAIN IS, AS YOU SAY, TRADITIONAL. MOREOVER, TOTAL PREFERENTIAL BENEFITS IN THE ENTIRE COMMUNITY THAT HONG KONG COULD DERIVE FROM THE INCLUSION OF ITS FOOTWEAR IN THE SCHEME, ASSUMING A BUTOIR OF 10%, WOULD BE IN THE REGION OF 3.2 MILLION UNITS OF ACCOUNT, NOT ENOUGH TO COVER OUR EXISTING TRADE WITH BRITAIN ALONE WHICH IN 1973 AMOUNTED TO 19 MILLION UNITS OF ACCOUNT. WE THINK THIS IS CONCLUSIVE EVIDENCE THAT THERE WOULD BE NO RE-EXPORT TO IRELAND OF THE SMALL QUANTITY OF HONG KONG FOOTWEAR THAT WOULD ENTER BRITAIN DUTY-FREE.

CONFIDENTIAL

4. IN GENERAL,

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