1. Economic Ministers from ASEAN Member States and the Secretary for Commerce and Economic Development of Hong Kong, China (HKC) (“the Ministers”) signed the ASEAN – HKC Free Trade Agreement (AHKFTA) and the ASEAN – HKC Investment Agreement (AHKIA) on 12 November 2017 at the sidelines of the 31st ASEAN Summit in Pasay City, the Philippines. The negotiations of AHKFTA and AHKIAwere concluded three years after their commencement in July 2014.
2. The Ministers noted that the AHKFTA is ASEAN’s sixth free trade agreement with external partners, after China, Korea, Japan, India, and Australia-New Zealand. It consists of fourteen chapters covering broad areas of market access liberalisation, trade facilitation, rules to promote confidence in trade, and co-operation aimed at facilitating trade in goods and services in the region. The AHKIA complements the AHKFTA by covering the protection, promotion and facilitation of investment.
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