, Hong Kong

Hong Kong inks free trade and investment agreements with ASEAN

The pacts will take effect in 2019.

According to Reuters, Hong Kong signed free trade and investment agreements with the 10-nation Association of Southeast Asian Nations on Sunday, in what one of the Chinese territory’s officials called a “loud and clear” vote against rising regional trade protectionism.

"The pacts, which conclude nearly three years of talks, are expected to take effect on January 1, 2019, at the earliest. They aim to bring “deeper and bolder” integration of market access with the bloc, said Edward Yau, Hong Kong’s commerce and development secretary," Reuters said.

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