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HKGCC Mission to France, Spain and Portugal

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CHAMBER PROGRAMMES                                 November 2003 Issue


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HKGCC Mission to France, Spain and Portugal

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European businessmen are extremely interested in exploring opportunities offered under CEPA, writes HEIDI LAU

A 13-member HKGCC delegation led by Chamber CEO Dr Eden Woon concluded a nine-day business mission to France, Spain and Portugal on October 5.

Besides exploring new business opportunities in these countries, the delegation also promoted Hong Kong as the main gateway to China, and the new business opportunities offered by the Closer Economic Partnership Arrangement (CEPA).

europe3.jpg (16553 bytes)"With SARS behind us and the conclusion of CEPA, which opens up new dimensions for the Hong Kong economy, I cannot think of a better time for us to reach out to the international community and reaffirm Hong Kong's unsurpassed competitiveness," Dr Woon said.

"We understand from the visit that while these three countries are eager to expand their markets in China, they are still generally sceptical about doing business with China. Therefore, they showed keen interest in the benefits offered by CEPA and in cooperating further with their Hong Kong counterparts," he added.

And that's where the opportunities for Hong Kong businessmen lie. Hong Kong businesses, who have vast experience and knowledge in doing business in China, can fill the gap for their European counterparts. Moreover, Hong Kong businessmen should make use of the competitive advantages provided by CEPA and proactively look for business counterparts as investment partners, either in Europe or China, he suggested.

Heidi Lau is a Manager with the Chamber's International Business Division. She can be reached at, heidi@chamber.org.hk

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