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been attributed to the FA growth rate because it was not until the second half of 1975 that the Community finally concluded agreements under the A with Hong Kong, India and Pakistan, and not until 1976 that agreements were concluded with some other suppliers including S. Korea. So it is meaningless to criticise the growth rate by looking at 1974 and 1975 UK import figures. So the MFA growth rate and the specific rates incorporated in these bilateral agreements cannot be responsible for any increase in UK imports in 1975 as compared with 1974.
11.
Hong Kong's textile exports to the UK were not only less in 1976 than in 1975, they were also less than the total quotas set out in the bilateral agreement (quota utilisation in 1976 was
Marlin about 79% of total quotas). In three particularly sensitive
knit shirts and blouses. knit pullovers and woven shirts - 1976 exports were in quantity much less than in 1975 and also well below the maximum quantities that could have been exported within the terms of the agreement. In short, growth in quotas (even when only one half of one per cent) does not guarantee growth of exports
or even that they will maintain their previous level.
12.
We suspect'that concern over growth in imports in some cases at least derives from the growth rates higher than 6 which Member States with low levels of imports of certain products from certain suppliers were obliged to accept under the Community's burden-sharing formula. Any difficulties that the application of this formula causes for any Member State cannot be attributed to the MFA nor to the actions of the exporting countries concerned. The use of such a formula was first proposed by the UK, it was worked out entirely within the Community and it was presented in the Community's negotiations with Hong Kong (and we believe with other supplying countries) as a fait accompli that was not negotiable.
"... long-term north thorrects now reem considerably less rosy than when the HFA was negotiated. The 6 per cent minimum growth rate is far too high in relation to the prospective growth of the domestic market. Consequently, we are getting levels of import
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