TNAG-0939-FCO40-1158-Visit-of-John-Nott--Secretary-of-State-for-Trade--to-Hong-Ko-1981 — Page 32

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Reference

there was no doubt that other suppliers would like to have the opportunity to compete for HK's market share. Mr Dorward said that without quotas HK goods would undoubtedly face sterner price competition, but he was far from convinced that the volume of trade could fall. And it was not to be forgotten that, by reducing price competition, quotas acted against the interests of consumers.

2

The party then progressed to a meeting of the Textile Advisory Board, which is separately recorded.

1

CODE 18-77

£6 8/78

2

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Dual Band 40 Date ata se