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Hong Kong's Financial Secretary to visit India
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21:26, December 04, 2007

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Hong Kong Special Administrative Region (HKSAR) government Financial Secretary John C Tsang will lead a high-level business mission to India next week for closer economic ties, the HKSAR government said on Tuesday.

Tsang said the trip would help foster a closer economic relationship between Hong Kong and India. The Financial Secretary said he would promote the advantages of investing and doing business in Hong Kong and highlight Hong Kong's strengths in the services and financial sectors.

Tsang said he would also explain the advantages of using Hong Kong as a platform for doing business in and with the Chinese mainland.

Tsang will depart Hong Kong on Dec. 11 to attend a number of meetings in the Indian financial center Mumbai, as well as the capital New Delhi.

He will be accompanied by about 20 leaders from financial and professional services sectors as well as the Indian Chamber of Commerce of Hong Kong.

On Dec. 12, Tsang will visit the Bombay Stock Exchange. He will speak at a business luncheon hosted by HSBC and a Hong Kong Trade Development Council (HKTDC) business seminar, and attend a reception hosted by the Indian Banks' Association.

On Dec. 13, Tsang will visit the Securities and Exchange Board of India, the National Stock Exchange of India and Infrastructure Leasing and Financial Services Ltd. He will then travel to New Delhi where he will speak at another HKTDC business seminar and a business luncheon hosted by Standard Chartered Bank.

Also in New Delhi, Tsang will call on the Ministry of Finance and the Ministry of Communications and Information Technology and attend a reception hosted by the Punjab National Bank.

Tsang will return to Hong Kong on Dec. 16.

Source: Xinhua



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