Financial Secretary John Tsang has signed a deal to boost Hong Kong's economic co-operation with Iran.
He signed the memorandum of understanding with Iranian Minister of Economic Affairs & Finance Ali Tayyeb Nia in Tehran today.
Mr Tsang applauded the minister's vision and enthusiasm in fostering a much better trading relationship with Hong Kong.
"This is a formula for success and we look forward to working together," Mr Tsang said. "With the signing of the memorandum of understanding, this forms a very good basis for us to take the matter forward."
Mr Tsang said Iranian enterprises can make good use of Hong Kong’s extensive commercial and trade network, and experience, to tap the China and global markets.
He later met Minister of Co-operatives, Labour & Social Welfare Ali Rabiei and attended a networking session with a group of Iranian companies.
He said Hong Kong and Iran can work together in seizing the massive opportunities arising from the Belt & Road Initiative.
Mr Tsang also called on Central Bank of Iran Governor Valiollah Seif to discuss offshore renminbi business in Hong Kong.
