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2019/11/21

Bill Could Unleash Unintended Repercussions

For Immediate Release

The Hong Kong General Chamber of Commerce (HKGCC) expresses serious concerns over the United States’ intention to enact the Hong Kong Human Rights and Democracy Act of 2019.

The proposal could undermine Hong Kong’s business confidence as the city contends with unprecedented internal and external challenges.

“Threatening to remove Hong Kong's status as a separate customs territory could have unforeseen consequences on this great city. It could also send a misleading message to the world,” said HKGCC Chairman Aron Harilela. “This could have a negative impact on Hong Kong and its citizens, as well as hurt the interests and confidence of U.S. and international business.”

Hong Kong’s extraordinary achievements are grounded in the free flow of ideas, information, capital, people and trade, as well as the rule of law and judicial independence, which are all guaranteed under the Basic Law.

As a separate customs territory, Hong Kong is a member of multilateral and regional trade organizations -- such as the WTO and APEC – in our own right, and our track record shows we have made major contributions to these globally respected institutions. Hong Kong has demonstrated to the world the overwhelming benefits of being one of the freest and most open cities in the world.

 

 

 


Media inquiries: Please contact Mr German Cheung at 2823 1297 / german@chamber.org.hk

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