TNAG-0630-FCO40-778-Effect-of-GATT-Multi-Fibre-Arrangement-on-Hong-Kong-negotiat-1988 — Page 137

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

Annec 3

Overall Srowth Rate of 6%

The figures which Tram gave to Hong Kong officials in August do not Show how this can be achieved:

Mar 0

Year 1

Sroup I: Products under global ceilings (Covering 60% of Hong Kong export to EEC)

There will be allowed to grow by 0.257- 2% after the initial cut-bacus

II: product with import penetratim over

207% (Covering mother 20%% of Hims Kims Ocports) grow in rate 3-4%

ITI: products with 6% growth rate (

Covering 10%)

IV: other products (Covering 10%)

Srowth rate 20%

Total

60

+ /

61

20

+0.75 = 20.75

10

70.6

10.6

10

for 2

12

100

f 4.35

104.35.

In the Tectitis Working froup Tram has now Jujjeoked a more

Sensons approach

? No. This

is worse.

HAGY

60

20

+ 2

10

+ 1.25

58.5

23 - 11.25

10

*

2.5

= 12.5**

700

+ 4.25

6%

704.25

These fijuris cover the lifetime of the MFA-. Again the 5% does not seem to house been achieved.

But the Commission His still to present

actual fissures and it Isisuld be a mittate to attach too much importance to Tromis suppestions until the fijares appear

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