Hong Kong Secretary for Commerce and Economic Development, Mr Edward Yau (right), holds a bilateral meeting with the United States (US) Secretary of Commerce, Mr Wilbur Ross (left), in Washington, DC to exchange views on US-Hong Kong trade relations.
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Hong Kong has long been and will continue to be an open market, founded upon strong rule of law, civil liberties and government transparency. Furthermore, Hong Kong is a staunch supporter of free trade and will continue to defend the multilateral trading system in the interests of global economic growth, the Hong Kong Secretary for Commerce and Economic Development, Mr. Edward Yau, said during his recent visit in Washington, DC.
Speaking at a gala reception and dinner hosted by Cathay Pacific Airways Limited on September 25 to mark its inaugural direct flight between Hong Kong and Washington, DC, Mr. Yau said that Hong Kong has always been a strong and important trade partner of the US. American businesses can capitalize on Hong Kong's strengths as an open market, a springboard to Asia and as a partner for innovation for exploring markets, he added.
In Washington, DC, Mr. Yau had a bilateral meeting with the US Secretary of Commerce, Mr. Wilbur Ross, to exchange views on US-Hong Kong trade and economic relations. He told Mr. Ross that the strong tradition of rule of law, low levels of corruption, highly efficient business environment, a world-class infrastructure and highly professional services make Hong Kong a preferred platform for business and investment activities from the US.
After the meeting, Mr. Yau witnessed the signing of Statement of Intent on Smart Technology Collaboration between the US Department of Commerce and the Hong Kong Productivity Council. The collaborative agreement represents a new milestone in commercial activities between Hong Kong and the US.
Mr. Yau also attended a luncheon organized by US-China Business Council, where he met with the founder of the Heritage Foundation, Dr. Edwin Feulner. Mr. Yau welcomed the Heritage Foundation's recognition of Hong Kong as the world's freest economy for the 24th consecutive year, and was pleased to note that the Hong Kong Special Administrative Region Government's steadfast commitment in upholding the free market principles has always been affirmed internationally.
Hong Kong Secretary for Commerce and Economic Development, Mr Edward Yau (back row, right), and the Acting Deputy Secretary of Commerce of the United States (US), Ms Karen Dunn Kelley (back row, left), witness the signing of the Statement of Intent on Smart Technology Collaboration between the US Department of Commerce and the Hong Kong Productivity Council in Washington, DC.
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Hong Kong Secretary for Commerce and Economic Development, Mr Edward Yau (third left), is pictured with the Chairman of Cathay Pacific, Mr John Slosar (centre), and other guests attending the gala reception and dinner hosted by Cathay Pacific Airways Limited to mark its inaugural direct flight between Hong Kong and Washington, DC, in Washington, DC.
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Hong Kong Secretary for Commerce and Economic Development, Mr Edward Yau, delivers a speech at the gala reception and dinner hosted by Cathay Pacific Airways Limited to mark its inaugural direct flight between Hong Kong and Washington, DC, in Washington, DC.
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