Protectionism
CONFIDENTIAL
Points to make with State Dept officials
1.
We appreciate US
Administration's
stand against
protectionism.
But we and Hong Kong remain
remain very concerned at threat posed to Hong Kong trade by Jenkins Bill.
this has now passed both Houses.
Understand
If enacted would do much harm
to Hong Kong's textile industry. Hong Kong itself of course
maintains a completely free market for the imports of others.
2.
This would be a severe blow to Hong Kong's prosperity,
are working to maintain economic and
at a time when we
political confidence in the territory
smooth transfer in 1997.
in order to ensure
a
will bear these concerns in
to veto Bill.
3.
Hope that Administration
mind in advising President on whether
CONFIDENTIAL
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Protectionism
Background
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