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Anti-epidemic meeting held

A meeting on the anti-epidemic work of the Mainland and Hong Kong was held today in Shenzhen.   It was hosted by Hong Kong & Macao Affairs Office of the State Council Deputy Director Huang Liuquan.   Chief Secretary John Lee led Hong Kong Special Administrative Region representatives to attend the meeting and exchange strategies with Mainland representatives on preventing and fighting COVID-19 as well as study the resumption of quarantine-free travel between the Mainland and Hong Kong.   Mr Huang noted that the office organised the meeting as the central government attaches great importance to the request by Chief Executive Carrie Lam on the resumption of quarantine-free travel with the Mainland.   Mr Lee thanked the central government for its support and care towards the Hong Kong SAR's efforts in preventing and fighting the virus, and for offering vital assistance on many occasions.   He also expressed gratitude to the office for arranging the meeting within a short

HK, Mexico pact to take effect

The Investment Promotion & Protection Agreement (IPPA) between Hong Kong and Mexico will enter into force on June 16.   The agreement with Mexico will enhance investors’ confidence, expand investment flows between Hong Kong and Mexico, and further strengthen bilateral economic and trade ties.   Secretary for Commerce & Economic Development Edward Yau said the 14th Five-Year Plan supports Hong Kong to foster co-operation and exchanges with countries and regions around the world.   He noted that the Hong Kong Special Administrative Region Government has been making full use of the city's advantages under the Basic Law and “one country, two systems”, and has signed bilateral agreements, including IPPAs, with foreign economies to explore more opportunities for developing bilateral and multilateral co-operation benefits.   Mr Yau added that the agreement with Mexico is the fourth such agreement that the Hong Kong SAR Government has signed this term.   The other three were signed with the Association of Southeast Asian Nations, Australia and the United Arab Emirates, all of which have entered into force.   Taking into account the agreement with Mexico, the total number of IPPAs in force between Hong Kong and foreign economies will increase to 22, covering 31 foreign economies.   Under the agreement with Mexico, the two sides undertake to provide investors of the other side with fair, equitable and non-discriminatory treatment of investments, compensation in the event of expropriation of investments, and the right to free transfers abroad of investments and returns.   The agreement also provides for settlement of investment disputes under internationally accepted rules, including arbitration.
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