Skip to main content

Featured

Tuen Mun testing exercise done

The Government announced that the compulsory testing exercise and enforcement operation for the restricted area in Tuen Mun finished today with no positive COVID-19 cases found.   It made a restriction-testing declaration yesterday evening, requiring people within the specified area to stay in their premises and undergo compulsory testing.   The area covered JC Place Tower 1 in Castle Peak Bay where 380 citizens were tested.   In the subsequent enforcement operation, about 100 people’s test records were checked. Nobody was found to have not undergone mandatory testing.   Government staff also visited around 120 households in the restricted area, of which six did not answer the door. Such households are urged to contact the Government promptly to arrange testing.   According to the compulsory testing notice issued yesterday, those who had stayed in the building within a specified period for more than two hours must undergo testing by tomorrow even if they were not in the restr

HK, Mexico pact to take effect

The Investment Promotion & Protection Agreement (IPPA) between Hong Kong and Mexico will enter into force on June 16.   The agreement with Mexico will enhance investors’ confidence, expand investment flows between Hong Kong and Mexico, and further strengthen bilateral economic and trade ties.   Secretary for Commerce & Economic Development Edward Yau said the 14th Five-Year Plan supports Hong Kong to foster co-operation and exchanges with countries and regions around the world.   He noted that the Hong Kong Special Administrative Region Government has been making full use of the city's advantages under the Basic Law and “one country, two systems”, and has signed bilateral agreements, including IPPAs, with foreign economies to explore more opportunities for developing bilateral and multilateral co-operation benefits.   Mr Yau added that the agreement with Mexico is the fourth such agreement that the Hong Kong SAR Government has signed this term.   The other three were signed with the Association of Southeast Asian Nations, Australia and the United Arab Emirates, all of which have entered into force.   Taking into account the agreement with Mexico, the total number of IPPAs in force between Hong Kong and foreign economies will increase to 22, covering 31 foreign economies.   Under the agreement with Mexico, the two sides undertake to provide investors of the other side with fair, equitable and non-discriminatory treatment of investments, compensation in the event of expropriation of investments, and the right to free transfers abroad of investments and returns.   The agreement also provides for settlement of investment disputes under internationally accepted rules, including arbitration.
http://dlvr.it/S19S7n

Popular Posts