Hong Kong Customs seizes suspected cannabis buds worth about $6 million
Hong Kong Customs yesterday (May 19) seized about 31 kilograms of suspected cannabis buds, with a total estimated market value of about $6 million, in Tuen Mun. A 33-year-old man suspected to be connected with the case was arrested.
During an anti-narcotics operation conducted in Tuen Mun last night, Customs officers intercepted a suspicious man and found about 20.5kg of suspected cannabis buds from two canvas bags carried by him. He was subsequently arrested.
Customs officers then escorted the man to an industrial unit in Tuen Mun for a search and found about 10.5kg of suspected cannabis buds and a batch of drug packaging paraphernalia in the unit.
The arrested man has been charged with two counts of trafficking in a dangerous drug and will appear at the Tuen Mun Magistrates' Courts tomorrow (May 21).
Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.
Members of the public may report any suspected drug trafficking activities to Customs' 24-hour hotline 182 8080 or its dedicated crime-reporting email account(crimereport@customs.gov.hk)or online form (eform.cefs.gov.hk/form/ced002/).
Hong Kong Customs yesterday (May 19) seized about 31 kilograms of suspected cannabis buds, with a total estimated market value of about $6 million, in Tuen Mun. A 33-year-old man suspected to be connected with the case was arrested. Photo shows the suspected cannabis buds seized. Source: HKSAR Government Press Releases
FS begins visit to Brussels, Belgium (with photos/video)
The Financial Secretary, Mr Paul Chan, yesterday (May 20, Paris time) proceeded to visit Brussels, Belgium, during which he met with a number of European Union (EU) officials and European business leaders to promote Hong Kong's advantages.
After arriving in Brussels, Mr Chan met respectively with the Deputy Director-General for Financial Stability, Financial Services and Capital Markets Union of the European Commission, Dr Alexandra Jour-Schroeder; the Managing Director for Asia and the Pacific of the European External Action Service, Mr Erik Kurzweil; and the Hors Classe Adviser in the Directorate-General for Budget of the European Commission, Mr Siegfried Ruhl. They exchanged views on the experience of Hong Kong and Europe in areas including the economy, finance, trade and fiscal policy, and explored ways to further promote co-operation and build closer, mutually beneficial and win-win relations.
During the above meetings, Mr Chan briefed them on Hong Kong's economic and financial development. He pointed out that, amid the current challenging international political and economic environment, Hong Kong, under "one country, two systems", maintains its status as a free port, with the free flow of capital, information and talent. Hong Kong also adheres to international best practices in business, accounting and professional services, has stable and predictable economic and trade policies, and continues to innovate and develop its financial markets. He welcomed the European business and investment communities to make full use of Hong Kong as a platform to raise funds for developing markets in the Chinese Mainland and Asia.
Mr Chan also said that there is room for Hong Kong and Europe to strengthen co-operation in various fields, and that the two sides should engage in more exchanges of experience, mutual learning and joint development. For example, in the financial sector, the two sides could explore arrangements for dual listing by European enterprises in the two markets, develop fixed-income and currency markets, promote green finance and financial innovation, and better channel private savings to support industries and economic development.
Mr Chan also met with the Chief Executive Officer of Euroclear, a European financial intermediary institution, Ms Valérie Urbain, to exchange views on the global economic situation and financial market developments. In addition, he met with the representative of a renowned local family to learn about the development of its group's business in Hong Kong and Asia, and introduced Hong Kong's advantages in various aspects. He suggested that the group increase its investment in Hong Kong and use Hong Kong as its regional headquarters for managing its business and treasury activities in the region.
He also called on the Head of Mission and Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the European Union, Mr Cai Run, and the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the Kingdom of Belgium, Mr Fei Shengchao. They had in-depth exchanges on China-Europe relations and the latest developments in Hong Kong.
Mr Chan will depart today (May 21, Brussels time) for the visit to Zurich, Switzerland.
FS begins visit to Brussels, Belgium (with photos/video) Source: HKSAR Government Press Releases
FS begins visit to Brussels, Belgium (with photos/video) Source: HKSAR Government Press Releases
FS begins visit to Brussels, Belgium (with photos/video) Source: HKSAR Government Press Releases
FS begins visit to Brussels, Belgium (with photos/video) Source: HKSAR Government Press Releases
FS begins visit to Brussels, Belgium (with photos/video) Source: HKSAR Government Press Releases
FS begins visit to Brussels, Belgium (with photos/video) Source: HKSAR Government Press Releases
