Hong kong free trade agreement

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Hong Kong has entered into eight free trade agreements (FTAs), including a unique accord with Mainland China called the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA). These agreements enhance Hong Kong’s competitiveness as a global trade, services and logistics hub.

International Business Port of Hong Kong

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World Trade Organization

Hong Kong, as a founding member, takes its rights and obligations seriously and has been participating actively in the World Trade Organization (WTO). Under various challenges of global trade development, Hong Kong will continue to maintain an open and free trade policy, promote trade facilitation, and enhance its global competitiveness.

Last revision date: 23/07/2024

Closer Economic Partnership Arrangement

The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free-trade pact between Mainland China and the Hong Kong Special Administrative Region. Signed in 2003 and enhanced on an ongoing basis, CEPA is a modern and comprehensive free trade accord, covering four major areas: trade in goods, trade in services, investment, and economic and technical co-operation.

CEPA brings business opportunities to the Mainland, Hong Kong and foreign investors. It provides Hong Kong businesses with first-mover advantages in relation to access to the Mainland market. CEPA also enhances Hong Kong’s attractiveness for Mainland businesses “going out” to global markets.

Last revision date: 23/07/2024