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Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0

HK

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0
HK

HK

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0

2024-05-02 19:56 Last Updated At:20:08

Have your say: join the conversation on shaping hong kong's tourism industry 2.0

​The Tourism Commission of the Culture, Sports and Tourism Bureau held a consultation session on the formulation of the Development Blueprint for Hong Kong's Tourism Industry 2.0 (Blueprint 2.0) in the Central Government Offices today (May 2) for trade representatives to express views.

The Government promulgated the Development Blueprint for Hong Kong's Tourism Industry (Blueprint) in October 2017, setting out vision, goals and four long-term development strategies for the tourism industry in Hong Kong and proposing short, medium and long-term measures. As tourism is one of the main driving forces of Hong Kong's economy, the Chief Executive announced in the 2023 Policy Address that the Government will update the Blueprint and formulate corresponding future work plans, specific actions, measures, and performance indicators to formulate Blueprint 2.0, in a bid to further drive the development of the local tourism industry in collaboration with different industries.

The Government has launched a trade consultation for Blueprint 2.0, which will end on June 14. During the consultation period, the Government will invite representatives of the travel trade, related organisations and stakeholders to offer views on Blueprint 2.0 through meetings or in writing. The Tourism Commission also welcomes views from stakeholders on or before June 14 by email (tourismblueprint@cstb.gov.hk), fax (3848 4127) or post (11/F, Harbour East, 218 Electric Road, Fortress Hill, Hong Kong).

The Government targets to publish Blueprint 2.0 this year, outlining the goals and key directions for further enhancing tourism development as well as fostering collaboration of different industries to enhance the speed and quality of the development of Hong Kong's tourism industry.

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0  Source: HKSAR Government Press Releases

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0 Source: HKSAR Government Press Releases

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0  Source: HKSAR Government Press Releases

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0 Source: HKSAR Government Press Releases

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0  Source: HKSAR Government Press Releases

Government conducts trade consultation on Development Blueprint for Hong Kong's Tourism Industry 2.0 Source: HKSAR Government Press Releases

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Hong Kong and Peru substantially conclude free trade agreement negotiations

2024-05-17 09:30 Last Updated At:09:38

Breaking news: hong kong and peru seal game-changing free trade deal

The Secretary for Commerce and Economic Development, Mr Algernon Yau, today (May 16, Arequipa time) met with the Minister of Foreign Trade and Tourism of Peru, Ms Elizabeth Galdo Marín, and jointly announced the substantial conclusion of negotiations of the free trade agreement (FTA) between Hong Kong and Peru on the sidelines of the Asia-Pacific Economic Cooperation Ministers Responsible for Trade Meeting in Arequipa, Peru.

"The negotiations, which began in 2023, cover trade in goods, trade in services (including e-commerce), investment and other related areas. I am pleased to note that our shared objectives in achieving a high-quality and comprehensive bilateral FTA are met," Mr Yau said.

"Peru is Hong Kong's important trading partner in Latin America. The FTA will enhance the trade and investment ties between the two sides, provide Hong Kong products, enterprises and investors with legal certainty and better access to the Peruvian market, and bring mutual benefits to our two economies," he added.

The two sides aim to finish the few remaining issues and the respective internal procedures with a view to signing the FTA within this year. Details of the agreement will then be announced.

In 2023, Peru ranked fifth among Hong Kong's merchandise trading partners in Latin America. The total merchandise trade between Hong Kong and Peru amounted to HK$5,231 million in 2023 and grew at an average annual rate of four per cent from 2019 to 2023.

Hong Kong has so far signed eight FTAs with 20 economies, including the Mainland of China, New Zealand, the member states of the European Free Trade Association (i.e. Iceland, Liechtenstein, Norway and Switzerland), Chile, Macao, the member states of the Association of Southeast Asian Nations (i.e. Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam), Georgia and Australia. All FTAs have entered into force.

In addition to the FTA with Peru, Hong Kong will continue to actively expand economic and trade network, such as seeking early accession to the Regional Comprehensive Economic Partnership and exploring FTAs or investment agreements with other potential partners in the Middle East and other regions along the Belt and Road.

Hong Kong and Peru substantially conclude free trade agreement negotiations  Source: HKSAR Government Press Releases

Hong Kong and Peru substantially conclude free trade agreement negotiations Source: HKSAR Government Press Releases

Hong Kong and Peru substantially conclude free trade agreement negotiations  Source: HKSAR Government Press Releases

Hong Kong and Peru substantially conclude free trade agreement negotiations Source: HKSAR Government Press Releases

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