|2019/07/11||Meeting with The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) of India|
Kripabar Baruah, Joint Director and Vijay Puri, Member of Committee of Administrator of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) of India, visited the Chamber on 11 July accompanied by colleagues from Consul General. They were welcomed by Chamber Asia & Africa Committee Chairman Behzad Mirzaei and members Baruah updated members on India’s textiles & garments industry. India is the second largest producer of man-made fibers in the world, exporting more than US$ 6 Billion of such products to over 150 countries. Top markets included the U.S., Turkey, Bangladesh, Brazil and UAE. Baruah invited Chamber members to attend their upcoming trade fair “Source India”, to be held in Bombay in August 2019.
|2019/07/09||HKGCC and QFC Sign MOU to Expand Cooperation|
HKGCC and the Qatar Financial Centre (QFC), signed a Memorandum of Understanding (MOU) on 9 July to promote trade, investment and collaboration between Hong Kong and Qatar. Signed by Chamber CEO Shirley Yuen, and Managing Director, Business Development, QFC Authority, Sheikha Alanoud Bint Hamad Al-Thani, both parties expressed their hopes for broader collaboration and interaction between Hong Kong and Qatar.
“The Gulf Region has long been a key market for Hong Kong companies, and it is also at the crossroads of the very important Belt & Road Initiative,” said Yuen. “We look forward to working with QFC through this MOU to help businesses expand their trade, investment and understanding of the rapidly diversifying Qatari economy to capture more opportunities in the country.”
The QFC, located in Doha, is one of the world’s leading and fastest growing onshore business and financial centres. Al-Thani said Hong Kong and Qatar have enjoyed strong bilateral relations for many years and this agreement is testament to these historical ties.
“Through this MOU, we are also broadening the capacity of the QFC to create even more business prospects for organisations based in Qatar and Hong Kong, while paving the way for more avenues for mutually beneficial collaboration. I am confident that we will witness significant process as a result, and look forward to the many opportunities that will result from our combined efforts,” she said.
|2019/07/05||Courtesy Meeting with Indian Ambassador to Beijing|
Vikram Misri, Indian Ambassador to Beijing, along with Consul General of India Priyanka Chauhan and Consul Ajith John Joshua, paid a courtesy visit to the Chamber on 5 July, where they were welcomed by Chamber Vice Chairman Leland Sun, General Committee Members Nicholas Brooke, Neville Shroff, Asia & Africa Committee Vice Chairmen Nigel Collett and Andrew Wells and members to discuss how India and Hong Kong can work closer together. Ambassador Misri told members that India had been working to reduce red tape and improve its ease of doing business, and in 2017 the country had recorded a jump of 23 positions to be placed 77th among 190 countries in the World Bank’s Doing Business Report. He said that the Indian Government was working on opening a Hong Kong trade office in India to facilitate trade activities between the regions. Members expressed their wishes for simplified visa requirements.