Hong Kong spinners try to develop more patterns of slub effects and produce ring slub yarns, which are used to manufacture high quality denim. On the whole, the local spinning industry has strength in accommodating order requests in short notice and meeting tailormade or specialized items.
Trade
The U.S. continued to be the largest supplier of cotton for the Hong Kong market. However, the market share declined from 77 percent during MY 2004 to 51 percent between August 2005 – March 2006. Last year when the southern part of the U.S. suffered from the hurricanes, the delivery of cotton shipments had been very unreliable. The U.S. terminal facilities were used for relief delivery as the priority.
Transgenic Cotton
Hong Kong at present does not have any restrictions or documentation requirements for the import or export trade of transgenic agricultural products. However, the Hong Kong government has announced its intention to implement the Cartagena Protocol on Biosafety.
Hong Kong at present is not a party of the Convention on Biological Diversity and the Cartagena Protocol on Biosafety. Hong Kong is a Special Administrative Region of China. The application of international agreements to Hong Kong for agreements to which China is a party will be decided by China in accordance with the circumstances and needs of Hong Kong, after seeking the views of the Hong Kong government.
China is a party to the Convention and the Protocol since 1993 and 2005 respectively. The Hong Kong government has obtained the agreement-in-principle of China to extend the application of both the Convention and the Protocol to Hong Kong when it is adequately prepared.
United States Department of Agriculture Foreign Agricultural Service
marketing@alchempro.com
