Hong Kong Explores Economic Partnerships with Southeast Asia and Beyond during Apec
Hong Kong's Economic Aspirations Amid Apec Summit
As Hong Kong seeks closer economic ties with key Southeast Asian nations during the Apec summit, Chief Executive John Lee Ka-chiu has engaged with leaders from Singapore, Malaysia, and Vietnam. The summit serves as a significant platform for fostering connections that could lead to increased trade and economic cooperation.
Strengthening Ties with ASEAN
- I. Singapore's Prime Minister Lawrence Wong emphasizes the shared benefits and long-standing relations between Singapore and Hong Kong.
- II. Engagements with Malaysian Prime Minister Anwar Ibrahim focus on supporting Hong Kong's new trade office in Kuala Lumpur.
- III. Cooperation discussions with Vietnam's President Luong Cuong target enhancing economic partnerships and cultural exchanges.
Singapore's Support for RCEP
During the conversations, Lee's gratitude towards Singapore's backing of Hong Kong’s application to join the Regional Comprehensive Economic Partnership (RCEP) highlights a commitment to strengthening regional economic ties. Hong Kong applied for RCEP membership in January 2022, currently under review, showcasing its ambition within the free-trade framework.
Broader Engagement with Global Leaders
At the summit, Lee also interacted with leaders such as Gabriel Boric from Chile and Prabowo Subianto from Indonesia, furthering Hong Kong’s global outreach and collaboration efforts.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.