TNAG-0632-FCO40-780-Effect-of-GATT-Multi-Fibre-Arrangement-on-Hong-Kong-negotiat-1977 — Page 80

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

LARM 11.

apart from Taiwan which was close second supplier.

The re are other examples, perhaps less striking, but the point is that the less officient 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.

12.

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.

13.

For instance, in woven discontinuous synthetic fabrics, imports into the EEC from developed countries amounted to a bout 49% of total imports from non-EEC countries and the USA accounted for 18% 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.

14.

In knit sweaters, imports from the de- veloped 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% thanks no doubt to the restraint arrangements. negotiated by the Community.

15.

At the Member State level, UK imports of woven synthetic fabrics from the developed countries amounted to 2% of total non-EEC imports in 1976. The US alone accounted for 20% of total non-EEC imports in 1976.

/16.

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