TNAG-0627-FCO40-775-Effect-of-GATT-Multi-Fibre-Arrangement-on-Hong-Kong-negotiat-1977 — Page 6

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of be met by the Community with a relatively limited package measures and they will be measures which do not affect existing

Meanwhile I have been access rights under MFA bilaterals.

I have just following the recent telegrams from you and Paris. told the Departments concerned that I am not entirely happy about leaving the situation as it stands in Paris telegram No 629 and we must now seriously consider paragraph 2 of Paris telegram No 630. All this may be overtaken, however, by the time you receive this letter.

Would

8. In view of the above, I hope you will agree that there is little to be gained from submitting to Ministers at this point. We must accept some renegotiation of the bilateral textile agreements and it is then that Hong Kong's detailed arguments on restraint limits, growth rates, etc will have most effect. you consider doing a short draft memorandun before the bilaterals, which we could then examine and comment on, with a view if the

to circulation in Whitehall. situation were propitious

This is only an idea, and as I shall now be taking a little leave you might like to pursue it with John Stewart.

Youts over

Don!!?

DF Murray

CONFIDENTIAL