TNAG-1493-FCO40-2051-Future-of-Hong-Kong-General-Agreement-on-Tariffs-and-Trade-(-1986 — Page 108

f

CONFIDENTIAL

40293

1

OCMIAN 0293

CONFIDENTIAL

OO MEXIC

PP WASHI

FM FCOLN TO MEXIC

301210Z MAY

GRS 324

HKK122/1

RECEIVED IN REGISTRY

1 0 JUN 1986

REGISTAY Action Taken

1381816

CONFIDENTIAL

FM FCO

TO IMMEDIATE MEXICO CITY

TELNO 166

OF 301210Z MAY 86

INFO PRIORITY UKREP BRUSSELS, UKMIS GENEVA, WASHINGTON

NEUTRAL

YOUR TELNO 188: MEXICO AND THE GATT

1. AS YOU WILL HAVE SEEN FROM MADELIN'S LETTER TO PLUMBLY, WASHINGTON, OF 20 MAY, OUR OBJECTIVE IS THAT MEXICO (NEXT WORD UNDERLINED) SHOULD JOIN THE GATT, BUT THAT THE TERMS OF HER

ACCESSION SHOULD BE BOTH REASONABLE FROM THE DEVELOPED COUNTRIES'

POINT OF VIEW AND ANALOGOUS TO THOSE WHICH WE HOPE OTHER NICS CAN

BE BROUGHT TO ACCEPT IN THE CONTEXT OF NEW GATT ROUND DISCUSSION

OF GRADUATION'. THIS PUTS US IN LINE WITH THE AMERICANS, WHICH

SHOULD BE A COMFORTABLE POSITION, GIVEN THAT THERE IS LIKELY TO

BE MORE SENSITIVITY TO THE CHANGING PRESSURES ON THE MEXICAN

GOVERNMENT IN WASHINGTON THAN IN BRUSSELS. THE US ATTITUDE AS

REPORTED IN WASHINGTON TELNO 1403 TOUGH TERMS FOR MEXICAN

ACCESSION, BUT WITH THE INTENTION OF TYING EVERYTHING UP BY THE END OF THE YEAR, SEEMS TO US EXACTLY RIGHT. WE AGREE THAT IT IS IMPRACTICAL TO THINK IN TERMS OF A NEGOTIATION STRETCHING THROUGH

THE NEW GATT ROUND.

2.

-

FOR ALL THE REASONS YOU SET OUT IN YOUR TUR, NOT TO MENTION

OUR OWN BILATERAL POLITICAL AND TRADING INTERESTS, WE ARE

CONCERNED THAT THE EC SHOULD NOT GET AHEAD OF THE US. BUT GIVEN

1

CONFIDENTIAL

379