12 Nov '17, 8am

JUST IN: @ASEAN signs free trade, investment pacts with Hong Kong

MANILA - Trade ministers from Asean and Hong Kong inked two free trade and investment pacts on Sunday (Nov 12), which they called a signal of their commitment towards free trade. The agreements will give Asean and Hong Kong better access to each other’s markets, create new business opportunities, and enhance trade and investment flows. Hong Kong Secretary for Commerce and Economic Development Edward Yau said at the ceremony: “The significance is not limited to building stronger bilateral trade and economic relations between Hong Kong and Asean. “In the face of protectionist sentiments in other parts of world, these two agreements are in fact a loud and clear vote from all of us here for freer and more open trade,” he added. Likewise, Philippine Trade and Industry Secretary Ramon Lopez said: “With this signing, we send the strong message to the world of our outward-oriented...

Full article: http://www.straitstimes.com/asia/se-asia/asean-signs-free...

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