Hong Kong and Barin Sunday (March 3) signed a promotion and protection investment agreement (investment agreement). By strengthening mutual investment protection, investor confidence and expanding bilateral investment flow.
Hong Kong officials announced on the SAR News Bulletin website that during the visit to the capital of Barin, Qiu Yinghua, the director of the Hong Kong Commerce and Economic Development Bureau, signed the investment agreement with the Minister of Economic Affairs of Barin and the Minister of the National Economic Affairs.
According to the agreement, the guarantees that the two governments must provide for their other investors include their investment in fairness, fairness and non -discriminatory; compensation when levying investment; and freely transferred investment and income to the outside world.The agreement also stipulates that investment disputes should be resolved in accordance with international recognition rules.The agreement will take effect after completing the internal procedures of both parties.
Qiu Yinghua said: "Hong Kong and Barin have always been the main portal of introducing important investment opportunities in their respective regions. This investment agreement is the milestone of the two parties to further strengthen investment in investment.Since the high -level delegation visited the Middle East, the SAR Government has been committed to continuously expanding the economic connection between Hong Kong and the Middle East.Similar agreements are the 24th investment agreement signed by Hong Kong and foreign economies.
According to the Hong Kong News Agency, in order to continue to expand the economic and trade network of Hong Kong, especially to strengthen the connection with the Middle East, the SAR government is negotiating with Saudi Arabia Arabia.Trade offices.