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HK-Macau CEPA in the works
July 15, 2016Financial Secretary John Tsang has witnessed the initialling of the draft main text of the HK-Macao Closer Economic Partnership Arrangement.
It was held at the 9th Hong Kong-Macao Co-operation High-level Meeting in Macau today.
The deal will ensure free and open trade between the two cities.
Trade officials from the two jurisdictions will continue to work out the arrangement’s details in accordance with the framework laid out in the main text so the deal can be formally signed within this year.
Speaking after the meeting, Mr Tsang said both sides also agree to form a working group to explore the opportunities brought about by the Hong Kong-Zhuhai-Macao Bridge and HK-Macao CEPA.
They discussed cross-boundary infrastructure and promoting youth development.
Source: http://www.news.gov.hk
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