TNAG-1746-FCO40-2465-Visits-by-FCO-officials-to-Hong-Kong-1988 — Page 19

CONFIDENTIAL

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Lord Glenarthur explained the efforts we were already making

to resist protectionist tendencies, eg over dairy products from New Zealand, the oil and fat tax and the CAP. Mr Pike explained that "1992" related solely to the internal market. Action on the external front would take place within the Uruguay round.

We hoped that Singapore would lend its

support to moves towards liberalisation within the GATT. BG Yeo said that as long as European producers remained competitive, he had few fears. But if the Europeans lost their competitiveness, this would lead to protectionism. Basically, as long as Britain had a strong Conservative Government

would be well.

all

12. The meeting concluded with agreement that the bilateral relationship was in good shape.

Distribution

PS

PS/Mrs Chalker

PS/Lord Glenarthur

PS/Mr Eggar

PS/PUS

PS/Sir J Fretwell

Mr Gillmore

Mr McLaren

Mr Slater

SEAD

Defence Department

HKD

NCAD

UND

ECD (E) ECD (I) ERD

CONFIDENTIAL