Hong Kong seeking trade ties
During a visit to Phnom Penh this week, Greg So, Hong Kong’s Secretary for Commerce and Economic Development, reiterated Hong Kong’s desire to be inducted into the ASEAN-China Free Trade Agreement and highlighted Cambodia as a potential beneficiary for foreign direct investment from Hong Kong. In So’s view, economic ties between Hong Kong and Cambodia have been very strong, with significant increases in trade between the two during 2011 and 2012. … Some specific areas noted by So were processing agricultural products, manufacturing and the garment industry. However, he said with the service sector accounting for 93 per cent of Hong Kong’s GDP, collaboration could spring from tourism, hospitality, design, innovation, technology and research and development. … Hong Kong is now campaigning to be integrated into the free trade agreement between China and ASEAN countries. So highlighted the fact that Hong Kong is used as a gateway for trade with Mainland China. …
http://www.phnompenhpost.com/index.php/2012103159498/Business/hong-kong-seeks-trade-ties.html
