HONG KONG, Jan. 8 (Xinhua) -- The free trade and investment agreements between Hong Kong and the Association of Southeast Asian Nations (ASEAN) will come into force in full on Feb. 12 when the part related to Cambodia took effect.
The government of China's Hong Kong Special Administrative Region (HKSAR) said in a statement Friday that the agreements greatly enhance business opportunities in ASEAN markets for Hong Kong enterprises and service providers.
The agreements, which were inked in 2017 and started entering into force since June 2019, have brought about legal certainty and better market access for Hong Kong enterprises, the government said.
The agreements are comprehensive in scope, covering trade in goods and services, investment, economic and technical cooperation, dispute settlement mechanisms.
ASEAN was Hong Kong's second-largest trading partner in goods trade in 2019 and the fourth largest in services trade in 2018.
Hong Kong has so far signed eight free trade agreements with 20 economies.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses
