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HK, EU dialogue held

November 26, 2015

The European Union and the Hong Kong Special Administrative Region Government held the ninth annual Structured Dialogue meeting today to identify areas for further co-operation.

 

Deputy Secretary for Commerce & Economic Development Carol Yuen and Acting Managing Director for Asia & Pacific of the European External Action Service Ugo Astuto co-chaired the meeting.

 

Ms Yuen noted that the meeting is an effective platform for both Hong Kong and EU to yield fruitful exchanges in areas of common interest.

 

“We look forward to working more closely with the EU on areas such as trade and commerce, intellectual property trading and protection, financial services, youth exchange and collaborative research,” she said.

 

Mr Astuto said Hong Kong's freedoms, rule of law and transparency are its major assets, and the EU continues to follow developments in Hong Kong in these areas.

 

The EU is ready to deepen its bilateral exchanges with Hong Kong aimed at facilitating and developing trade in goods and services and boosting investment flows.

 

“We look forward to further enhancing our close economic and trade relations with Hong Kong and exploring the idea of launching investment agreement negotiations,” he added.

 

At the meeting, both sides provided general updates on developments in their economies, including free trade agreements and investment promotion and protection agreements.

 

Ms Yuen reiterated that Hong Kong would enhance co-operation with the EU in areas of common interest to promote economic growth in both places.

 

Hong Kong would continue to provide an open and business-friendly environment and remain an effective connector linking trading partners from the EU not only to the Mainland, but also to markets across Asia and along the Belt & Road, she said.



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