Hong Kong Trade Commissioner to Visit Rogers

by The City Wire staff ([email protected]) 108 views 

The World Trade Center Arkansas will host the Hong Kong Commissioner for economic trade affairs to discuss trade relations between Arkansas-based companies and Hong Kong. The trade seminar will be held at 11:30 a.m. Wednesday, April 25 at the WTC Arkansas offices in Rogers.

Denise Thomas, spokesperson for the local trade center said, Commissioner Donald Tong has made Arkansas a strategic destination for Hong Kong trade relations with intent to promote bilateral trade.

Arkansas companies benefited from Hong Kong trade with more than $129 million in product exports last year. Total exports to that Asian market actually decreased from $131 million in 2010, but have grown from $49.9 million in 2006.

Food manufactures like Tyson Foods exported a combined $109.36 million of products to Hong Kong in 2011 – which was 84% of the state’s total exports to this large Asian market, according to the U.S. Department of Commerce.

Other industries within the Natural State poised to benefit from expanded trade with Hong Kong include: computer electronics, transportation equipment, chemicals, agricultural products, paper and fabricated metal products