 Hong Kong Secretary for Commerce and Economic Development, Mr Edward Yau (right), met with the Chairman of the United States (US) Senate Finance Committee, Mr Chuck Grassley (left), on June 11 in Washington, DC.
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Hong Kong will explore ways to deepen and broaden its links with the United States, Hong Kong Secretary for Commerce & Economic Development Mr Edward Yau said during his visit to New York and Washington DC from June 10 to 13.
He noted that the trade and economic relationship between Hong Kong and the US is mutually beneficial and expanding. Over the past 50 years the bilateral relationship between Hong Kong and the US has flourished and trade between their economies has grown from roughly US$8 billion to US$70 billion.
It is also a relationship defined on the unique status of Hong Kong under the Basic Law and distinct qualities of Hong Kong which include the rule of law buttressed by an independent judiciary, a commitment to creating a pro-trade environment and the free flow of information, goods and people.
He stressed that Hong Kong vigorously pursues a free trade policy and firmly believes in a multilateral trading system. Despite its small size, Hong Kong has been the seventh largest merchandise trading entity in the world.
Mr Yau added Hong Kong will also explore ways to broaden its links with the US in areas such as collaborations in innovation and technology, educational, scientific and medical exchanges.
He said Hong Kong has long been a preferred platform for American companies seeking to establish or expand their business in Mainland China or throughout the Asia-Pacific region.
 Hong Kong Secretary for Commerce and Economic Development, Mr Edward Yau (right), delivered remarks at the reception in celebration of the 50th anniversary of the American Chamber of Commerce in Hong Kong in Washington, DC on June 10.
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