TNAG-1492-FCO40-2050-Future-of-Hong-Kong-General-Agreement-on-Tariffs-and-Trade-(-1986 — Page 188

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PROBLEMS OF SELECTIVITY AND DEFINITION OF GREY AREA MEASURES. ANY ARRANGEMENT HAD TO BE BASED ON PRESENT CIRCUMSTANCES. US WAS PREPARED TO WORK FOR AN EARLY AGREEMENT. MANY CPS FELT THAT TO AVOID CONFRONTATION, THE MINISTERIAL DECLARATION SHOULD LIMIT HITSELF TO IDENTIFYING THE OBJECTIVES OF A SAFEGUARDS NEGOTIATION.

LDC TREATMENT

13. INDIA PRESENTED LDC DEMANDS (PREPCOM (86)W/15) CALLING FOR QUANTIFICATION OF PREFERENTHAL LDC TREATMENT. LDCS SUPPORTED. EC, SUPPORTED BY THE US, WHILE STRESSING THE IMPORTANCE OF PART IN AND THE ENABLING CLAUSE, REJECTED THIS CONCEPT, PARTICULARLY IN ADVANCE OF THE ROUND. US MADE CODED CALL FOR GRADUATION.

COMMENT

THE PREPCOM IS NOW FOCUSSING UPON THE DIVERGENCES OF POSHTHON WHICH MUST BE OVERCOME IN ORDER TO ARRIVE AT A CONSENSUS. HARDLINE LDCS ARE IN PRACTICE EMBARKED UPON AN INFORMAL NEGOTIATING PROCESS. BRAZIL HAD TO PUBLICLY CLIMBDOWN ON THE VENUE. THERE IS A GENERAL EXPECTATION THAT WITH THE SEPTEMBER DEADLINE IN VIEW, THE INITIATION IN MAY OF INFORMAL CONSULTATIONS TO COMPLEMENT THE FINAL PREPCOM SESSIONS, THE PREPARATORY PROCESS WILL BEGIN TO GATHER MOMENTUM.

SANKEY

YYYY

FRAME MINTERNATIONAL TRADE

FCO PLEASE PASS SAWING

INTERNATIONAL TRADE ECD (E)

[REPEATED SAVING AS REQUESTED]

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