News & Events

Tuesday, 26 March 2019

Free Trade Agreement and Investment Agreement between Hong Kong and Australia

Free Trade Agreement and Investment Agreement between Hong Kong and Australia

Hong Kong and Australia commenced negotiations of a Free Trade Agreement (FTA) and an Investment Agreement in May 2017. The negotiations were concluded in November 2018. The two Agreements were signed on 26 March 2019.

The Agreements are comprehensive in scope and the commitments therein are of high quality, encompassing trade in goods, trade in services, investment, government procurement, intellectual property, competition, dispute settlement mechanism and other related areas. They will provide Hong Kong traders and investors with legal certainty and more favourable access to the Australian market, whilst creating more business opportunities and enhancing trade and investment flows between Hong Kong and Australia.

Detailed information on the Agreement is available at the website of the Trade and Industry Department:

https://www.tid.gov.hk/english/ita/fta/hkaufta/index.html