Hong Kong and Australia signed a Free Trade Agreement (FTA) and an Investment Agreement in March this year. The two agreements will further strengthen the business ties between Hong Kong and Australia.
Under the FTA, all Hong Kong originating goods can enter the Australian market tariff-free. Hong Kong enterprises will benefit from specific commitments made by Australia in some 140 services sectors. Australia is also committed to liberalizing arbitration, conciliation and mediation services as well as certain rail transport services. Hong Kong investors will enjoy better access to the Australian market and comprehensive investment protection under the agreements.
To provide Chamber members with a firsthand overview of the agreements and potential business opportunities, the Chamber has invited the Director-General of Trade and Industry, Ms Salina Yan, and Australian Consul-General to Hong Kong and Macau, Ms Michaela Browning, to shed light on how the FTA and the Investment Agreement could enhance trade and investment flow between Hong Kong and Australia.