TNAG-0631-FCO40-779-Effect-of-GATT-Multi-Fibre-Arrangement-on-Hong-Kong-negotiat-1977 — Page 94

CONFIDENTIAL

THE TROUBLE IS THAT THE HONG KONG DRAFT AGREEMENT PROVIDES FOR ABROGATION ONLY AT THE END OF A CALENDAR YEAR ON 90 DAYS' NOTICE. THIS WOULD NOT BE SUFFICIENT PROTECTION FOR US. THE ABROGATION PROVISIONS WOULD CERTAINLY HAVE TO BE AS IN THE COMMUNITY'S DRAFT

MODEL AGREEMENT.

OWEN

FRAME EXTERNAL

EID (E)

HK & GD

S AM D

40

CONFIDENTIAL

ADDITIONAL DISTN FRAME

COPIES TO MR RIDLEY MISS LOWNE

CT

DIVS DOI

MR ABRAMSON

MR HELLINGS

DOT

MR BAXTER

MISS MACFARLANE CRE1)

MR HARRIS CABINET OFFICE

MR MITCHELL

TREASURY

ODM