New CEPA deal
Print Edition
CHINA’S mainland and Hong Kong yesterday signed an agreement on trade in services.
Under the framework of the mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), the new accord makes reference to the agreement between the mainland and Hong Kong on achieving basic liberalization of trade in services in Guangdong Province signed last year.
It becomes a standalone, subsidiary agreement relating to trade in services under the CEPA framework.
The agreement further enhances the liberalization in both breadth and depth.
The agreement will come into effect immediately and be implemented on June 1.
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