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ECONOMY | Staff Reporter, Hong Kong
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Hong Kong to sign free trade pact with ASEAN by end-2017

ASEAN is Hong Kong's second-largest trading partner.

Hong Kong will sign a free trade pact with the Association of Southeast Asian Nations by the end of this year.

Secretary for Commerce & Economic Development Gregory So said ASEAN is Hong Kong's second-largest trading partner.

"The Hong Kong – ASEAN Free Trade Agreement negotiation is progressing very well. We almost completed the negotiation on the major items. It is our plan that the agreement will be entered into by the end of this year.

"The other economies will also have to follow the domestic agenda and procedures, before we will be in a position to sign this together. There are 10 countries involved plus Hong Kong, so time must be allowed to finish complying with all these procedures."

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