Hong Kong and ASEAN commenced negotiations of a Free Trade Agreement (FTA) and a related Investment Agreement in July 2014. After ten rounds of negotiations, Hong Kong and ASEAN announced the conclusion of the negotiations in September 2017. The FTA and the Investment Agreement (the Agreements) were signed on 12 November 2017.
The Agreements are comprehensive in scope, encompassing trade in goods, trade in services, investment, economic and technical co-operation, dispute settlement mechanism and other related areas. The Agreements will bring legal certainty, better market access and fair and equitable treatment in trade and investment, thus creating new business opportunities and further enhancing trade and investment flows between Hong Kong and ASEAN.
The Agreements will also extend Hong Kong's FTA and Investment Agreement network to cover all major economies in Southeast Asia. They are expected to enter into force on 1 January 2019 the earliest, subject to completion of the necessary procedures.
Free Trade Agreement:
Investment Agreement and two related side agreements:
Side agreement with Brunei Darussalam, Malaysia and Singapore
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