Hong Kong secures expanded equal treatment and investment guarantees across Asean

Published 1w ago · Updated 1w ago

Covered in 2 countries

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Expanded trade protocols provide Hong Kong firms with stronger legal safeguards and non-discriminatory access across Southeast Asian markets.

Hong Kong businesses have secured expanded investment guarantees and non-discriminatory treatment across ten Southeast Asian nations following the signing of an amended trade agreement protocol in Manila. The agreement was finalised by Hong Kong officials alongside regional trade counterparts during economic ministerial meetings. Meanwhile, other regional economic powers are also looking to deepen their integration and consider expansions of their existing trade frameworks with the bloc.

The updated protocol guarantees non-discriminatory treatment for Hong Kong enterprises operating across ten participating member states.
Hong Kong's Undersecretary for Commerce and Economic Development represented the city at the signing ceremony held in the Philippine capital.
The agreement was formally executed prior to scheduled bilateral trade consultations between regional officials and Hong Kong representatives.

By the numbers

10Asean states

Timeline

Sep 20Hong Kong officials sign a protocol in Manila amending the investment agreement with Asean.
Sep 21Reports emerge that other major regional partners like Japan are also considering expanding their trade pacts with Asean.

Why it matters

Securing robust investment protections and market access within Southeast Asia is vital for Hong Kong as it seeks to diversify its economic partnerships and drive post-pandemic recovery.

What outlets agree on

Hong Kong has signed a protocol in Manila amending its investment agreement with Southeast Asian nations to provide better treatment and guarantees for local firms.

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In this story

Hong KongAseanBernard Chan Pak-liManila

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