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98
Cnd 590
IMMEDIATE
CYPHER/CAT A
FM UKMIS GENEVA 121045Z
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TO IMMEDIATE FCO TELNO 352 OF 12 JULY 1977.
INFO ROUTINE UKREP BRUSSELS.
113
HKK 12/6.6/j
MIPT: FOLLOWING IS TEXT OF UNOFFICIAL PAPER:
THE PARTICIPANTS IN THE ARRANGEMENT EXCHANGED VIEWS REGARDING
THE FUTURE OF THE MFA.
2. IT IS CLEAR FROM THE ANNUAL AND MAJOR REVIWS OF THE MFA UNDERTAKEN BY THE TEXTILE COMMITTEE THAT CERTAIN IMPORTING AND SEVERAL EXPORTING COUNTRIES HAVE ENCOUNTERED PRACTICAL DIFFICULT IES IN THE IMPLEMENTATION OF THE PROVISIONS OF THE MFA. DISCUSSIONS IN THIS RESPECT COVERED A WIDE RANGE OF AREAS OF SATISFACTION AS WELL AS DISSATISFACTION. THESE DIFFICULTIES, SOME OF WHICH ARE OF A LONG STANDING NATURE, AFFECT SERIOUSLY THE TRADE AND ECONOMIC DEVELOPMENT OF DEVELOPING COUNTRIES.
3. MEMBERS OF THE TEXTILE COMMITTEE RECOGNISED THAT THERE CONTINUED TO BE A TENDENCY FOR AN UNSATISFACTORY SITUATION TO EXIST IN WORLD TRADE IN TEXTILE PRODUCTS, AND THAT SUCH A SITUATION, IF NOT SATISFACTORILY DEALT WITH, COULD WORK TO THE DETRIMENT F COUNTRIES PARTICIPATING IN INTERNATIONAL TRADE IN TEXTILE
PRODUCTS, WHETHER AS IMPORTERS OR EXPORTERS OR BOTH. IT COULD
ADVERSELY AFFECT PROSPECTS FOR INTERNATIONAL CO-OPERATION IN THE TRADE FIELD AND COULD HAVE UNFORTUNATE REPERCUSSIONS ON TRADE RELATIONS IN GENERAL, AND THE TRADE OF DEVELOP ING COUNTRIES IN PARTICULAR
14.
SOME
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