Hon. Members will have read with satisfaction of the successful conclusion of the negotiations between the two industries. The Hong Kong industry has undertaken that during the next three years exports from Hong Kong of cotton piece goods for retention in the United Kingdom shall be restricted to 118 million square yards a year. This figure will, however, be reduced to the extent that exports of made-ups increase above the current level. The Hong Kong Government are bringing the arrangements into operation on the 1st February.