Textile Imports (Taiwan and Korea)

Part of Oral Answers to Questions — Trade – in the House of Commons at 12:00 am on 3 November 1975.

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Photo of Mr Eric Deakins Mr Eric Deakins , Waltham Forest Walthamstow 12:00, 3 November 1975

There was no error of judgment. The restrictions imposed on Taiwan and Korea were emergency restrictions imposed at the behest of the British textile industry generally, which had suffered a lot from competition by imports from those countries. They were originally imposed because we had made no progress with Korea on the GATT multi-fibre arrangement; the Koreans had taken a tough line, and it was not possible to reach agreement. Moreover, the imposition of import restrictions, which these were, inevitably causes disruption to trade and traders.