TNAG-0630-FCO40-778-Effect-of-GATT-Multi-Fibre-Arrangement-on-Hong-Kong-negotiat-1988 — Page 135

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

because if the MFA

textiles and clothing, where opportunities for expansion are

very small indeed. Moreover, although no precise figure is

available, we almost-certainly have a sizeable surplus in

like, to be

.

invisibles with Hong Kong which is probably worth at least

£50m and quite possibly more.

3 If the Governor mentions possible retaliation against

British export interests, the Secretary of State might

express the hope that the Governor would discourage any hasty

ochrany Reignis al

reaction. It is in the interest of Hong Kong as well as of

Britain that there should be closer trading links in both

directions, While we fully understand Hong Kong's concern

for the future of her textile exports, an open breach between

help

us on trade matters would be-in-the-interest neither Of

Britain noro Hong Kong.

}

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