Hong Kong’s Paul Chan pledges second trip to Saudi Arabia to build Mideast ties
Hong Kong Financial Secretary Paul Chan announced he will make a second visit to Saudi Arabia later this year. The trip aims to deepen economic and investment ties between Hong Kong and the Kingdom. Officials said the mission will focus on attracting Saudi capital and exploring cooperation in finance, technology and renewable energy.
- ▪Chan’s first trip to Saudi Arabia in 2023 resulted in preliminary agreements on financial services and infrastructure projects.
- ▪The upcoming delegation will include senior officials from Hong Kong’s trade and investment departments.
- ▪Hong Kong hopes to position itself as a gateway for Saudi investors seeking exposure to Asian markets.
- ▪Both sides view the partnership as a way to diversify economic links beyond traditional regions.
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