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TRADE AGREEMENTS

Hong Kong has entered into eight free trade agreements (FTAs), including a unique accord with Mainland China called the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA). These agreements enhance Hong Kong’s competitiveness as a global trade, services and logistics hub.

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International Business Port of Hong Kong

World Trade Organization

Hong Kong, as a founding member, takes its rights and obligations seriously and has been participating actively in the World Trade Organization (WTO). Under various challenges of global trade development, Hong Kong will continue to maintain an open and free trade policy, promote trade facilitation, and enhance its global competitiveness.

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Hong Kong in the WTO 

Last revision date: 31/08/2021

Closer Economic Partnership Arrangement

The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free-trade pact between Mainland China and the Hong Kong Special Administrative Region. Signed in 2003 and enhanced on an ongoing basis, CEPA is a modern and comprehensive free trade accord, covering four major areas: trade in goods, trade in services, investment, and economic and technical co-operation.

CEPA brings business opportunities to the Mainland, Hong Kong and foreign investors. It provides Hong Kong businesses with first-mover advantages in relation to access to the Mainland market. CEPA also enhances Hong Kong’s attractiveness for Mainland businesses “going out” to global markets.

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Closer Economic Partnership Arrangement

Last revision date: 31/08/2021

Free Trade Agreements

Hong Kong is a longstanding supporter of trade and investment liberalisation and the multi-lateral rules based system and a founding member of the World Trade Organization. As a rule-based, free and open economy, Hong Kong offers a level-playing field for all companies to compete and do business.

  • Hong Kong has been actively seeking to expand its free trade agreement (FTA) network to secure favourable conditions for Hong Kong’s goods and services to enter more international markets.
  • So far, Hong Kong has signed FTAs that cover a total of 20 economies. In addition to CEPA, Hong Kong has signed FTAs with most of the Regional Comprehensive Economic Partnership Agreement (RCEP) members, including the 10 ASEAN Member States, Australia and New Zealand.
  • Hong Kong is well placed to join the RCEP, the largest FTA globally. The city is seeking to be among the first batch of economies to join the RCEP.

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Trade and Investment Agreements 

Trade Policy 

Major Trading Partners 

Hong Kong in the WTO

Last revision date: 31/08/2021

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