Policy Address

Trading Environment

52.         At the government-to-government level, Hong Kong will, by fully leveraging our advantages under “one country, two systems” and a high degree of autonomy, strengthen economic and trade ties with our major trading partners along the Belt and Road, promote visits by senior officials and conclude Free Trade Agreements (FTAs) as well as Investment Promotion and Protection Agreements with these countries.

53.         In 2014, half of Hong Kong’s 20 major trading partners were Asian countries and regions, of which five are members of the Association of Southeast Asian Nations (ASEAN).  Among the countries along the routes, Hong Kong has established an ETO in Singapore.  The three Hong Kong ETOs in Europe, on the other hand, are responsible for liaison with 32 European countries.  The Government has decided to set up ETOs in countries along the routes.  A new ETO will be set up in Indonesia this year and another in Korea as soon as possible. 

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