Hong Kong Closer Economic Partnership

I was very pleased to read this morning that the stalled negotiations over closer economic relations with the Hong Kong Special Economic Region are to resume.  Hong Kong was due to be our third free trade partner – after Australia and Singapore.  Fears that Chinese goods would be smuggled into NZ via Hong Kong was the reason why negotiations stalled.  This now seems a bit ironic as within a couple of years New Zealand was negotiating an FTA with China.  I hope this agreement delivers something exciting on investment and services.  We look forward to working closely with the government on this negotiation.

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