Macao, Hong Kong sign CEPA deal

Macao and Hong Kong signed the Closer Economic Partnership Arrangement (CEPA) on 27 October 2017 to advance the liberalisation of trade and push forward regional integration. Under the agreement, Hong Kong will open up 105 service sectors to Macao suppliers, while Macao will make available to its neighbour’s firms an additional 72 service sectors.
The CEPA linking the two regions will also entail simplified customs procedures, collaboration on intellectual property, and the establishment of a work programme on economic and technical co-operation.

This Hong Kong-Macao CEPA was signed during the 10th Hong Kong-Macao Co-operation High Level Meeting, held at the Hong Kong government headquarters.
During the meeting, Macao’s Secretary for Economy and Finance Leong Vai Tac said co-operation between the two sides would reach a new level.

Macao’s Secretary for Economy and Finance, Leong Vai Tac, and the Financial Secretary of Hong Kong, Paul Chan Mo-po, signed in October 2017 a Closer Economic Partnership Arrangement (CEPA)