TNAG-0632-FCO40-780-Effect-of-GATT-Multi-Fibre-Arrangement-on-Hong-Kong-negotiat-1977 — Page 105

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10.

There are other examples, perhaps less striking, but

the point is that the less efficient will continue to suffer

damage from imports from the more efficient within the Community,

regardless of the extent to which third country imports are

"stabilised". However, since imports from other developed

countries will not be controlled, there will be no real

stabilisation.

11.

The developed countries will remain free to increase

their exports to the EEC and will be able to do so to an

increasing extent, at the expense of the developing countries

whose exports will be restrained.

12.

For instance, in woven discontinuous synthetic fabrics,

imports into the EEC from developed countries amounted to about

38% of total imports from non-EEC countries and the USA accounted

for 13.4% of this, and after Taiwan, was by far the largest supplier. Reduction in access for Taiwan and other developing

suppliers will obviously give the USA an even larger share of the

market.

13.

In knit sweaters, imports from the developed countries

amounted to only about 7% of total imports from non-EEC countries

in 1976, but they more than doubled the 1975 figure while imports from other non-EEC countries had increased by only 13.8%, thanks no doubt to the restraint arrangements negotiated by the

Community.

14.

At the Member State level, UK imports of woven synthetic fabrics from the developed countries amounted to 26.5% of total

non-EEC imports in 1976. The US alore accounted for 19.8% of

total non-EEC imports in 1976.

15.

Perhaps the present position of the developed countries'

position in the EEC market is not as significant in other items.

But these figures could be an indication of what would happen

once imports from the developing countries were "stabilised" and

some of the dominant cuppliers' quotas cut back. EEC importers

/will...

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