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FS visits biomedical firm in UK

Financial Secretary Paul Chan yesterday visited a biopharmaceutical company and the Royal College of Art, and attended a lunch hosted by the China-Britain Business Council, as part of his ongoing trip to London.   Mr Chan visited AstraZeneca and met the company’s senior management to learn about its drug research and development activities, as well as its latest expansion plans.   AstraZeneca indicated that following in-depth talks with Hong Kong’s Office for Attracting Strategic Enterprises, it plans to develop a research and development centre in Hong Kong and will engage in further discussion with relevant government departments on the matter.   The Financial Secretary then attended a roundtable luncheon held by the China-Britain Business Council, and met representatives of British enterprises that do business, or plan to do business, either in the Mainland or Hong Kong.   Mr Chan later visited the Royal College of Art, which collaborated with the Hong Kong Polytechnic Unive
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Legal collaboration MOU signed

The Government today signed a memorandum of understanding (MOU) with the International Institute for the Unification of Private Law (UNIDROIT).   The MOU was signed by Secretary for Justice Teresa Cheng and UNIDROIT President Prof Maria Chiara Malaguti at a virtual signing ceremony.   It focuses on the administrative arrangements for collaboration relating to private international law and international commercial law.   This is the second MOU concluded between the Department of Justice and UNIDROIT, following the signing of the first one in May 2021, which put in place the arrangements for seconding Hong Kong legal professionals to the UNIDROIT Secretariat.   Ms Cheng said in her opening remarks that the signing of the joint declaration of intent opened a new chapter in the close co-operation between the two parties, adding that it also laid the foundation for enhanced collaboration in the field of private international law.   She also announced that, under the MOU, the department and UNIDROIT will be jointly launching the inaugural Asia-Pacific Private International Law Summit in the city this November, as one of the flagship events of Hong Kong Legal Week 2022.
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