HKETO, Brussels presents award to Italian company with deep business ties in Hong Kong
The Hong Kong Economic and Trade Office in Brussels (HKETO, Brussels) presented a Special Hong Kong Award to an Italian company at the 19th China Awards in Milan, Italy on December 4 (Milan time).
The China Awards, organised by the Italy China Council Foundation (ICCF) annually, is one of the most influential business events in Italy. It recognises Italian companies that have grasped the opportunities in the Chinese market and vice versa, Chinese companies that have invested in Italy and engaged in strategic and innovative collaboration with Italian counterparts.
Deputy Representative of HKETO, Brussels Miss Fiona Li, commended the recipient of the Special Hong Kong Award, Venchi. This Italian confectionery company has expedited its expansion in Asia, leveraging Hong Kong's vibrant culinary landscape, strategic location and unmatched connectivity with Mainland China. "Its success in Hong Kong and in Asia speaks for itself that establishing a presence in Hong Kong is conducive to its market expansion. It is the testimony of the strengths of Hong Kong - our low and simple tax regime, free flow of capital, business-friendly environment, and advanced logistics and supply-chain management", Miss Li said.
The event offered an opportunity to put a quartet comprising of Hong Kong's musicians in the spotlight before 300 executives and senior representatives of top Italian and Chinese companies. The quartet, which was brought to the event by HKETO, Brussels to help give Hong Kong talents international exposure and to showcase Hong Kong as an international cultural exchange hub, had Grace Chan, double bass player; Isaac Lam, pianist; Melody Lau, violinist; and Emily Chan, soprano. Grace Chan was selected to participate in the Rome Chamber Music Festival's Young Artist Programme in June 2024.
Miss Li also highlighted the latest measures in the Policy Address to the Italian audiences on enhancing Hong Kong's status as an international financial, shipping and trade centre, including lowering the tariff on liquor. She elaborated that Hong Kong's distinctive advantages including an independent judiciary, a free trade and investment regime, and an efficient and clean government are kept under the "one country, two systems" principle as she encouraged Italian companies and talents to come to Hong Kong. "Hong Kong is and will remain your prime gateway to China and your most preferred partner in Asia", she added.
The ICCF is the largest Italy-China business association in Italy that facilitates collaboration between Italian and Chinese companies. The ICCF organises the annual China Awards in partnership with the Italian Chamber of Commerce in China and with the support of the China Chamber of Commerce in Italy.
HKETO, Brussels presents award to Italian company with deep business ties in Hong Kong Source: HKSAR Government Press Releases
HKETO, Brussels presents award to Italian company with deep business ties in Hong Kong Source: HKSAR Government Press Releases
HKETO, Brussels presents award to Italian company with deep business ties in Hong Kong Source: HKSAR Government Press Releases
HKSARG responds to reauthorization of the so-called Sanctions Provisions under HKHRDA incorporated in National Defense Authorization Act for Fiscal Year 2025
The Hong Kong Special Administrative Region (HKSAR) Government today (December 26) strongly disapproves of and firmly rejects US' reauthorization of the so-called Sanctions Provisions under the Hong Kong Human Rights and Democracy Act (HKHRDA) incorporated in National Defense Authorization Act for Fiscal Year 2025.
A spokesman for the Government said, "In accordance with international law and international practice based on the Charter of the United Nations, it is each and every sovereign state's inherent right to enact laws safeguarding national security, and it is also an international practice. With at least 21 pieces of laws safeguarding national security, the US has exposed its double standards by pointing the finger at the HKSAR's legal system and enforcement mechanism to safeguard national security."
"The Hong Kong National Security Law (NSL) and the Safeguarding National Security Ordinance (SNSO) also clearly stipulate that human rights shall be respected and protected in safeguarding national security in the HKSAR. The offences endangering national security stipulated by the related Ordinance target acts endangering national security with precision, and define the elements and penalties of the offences with clarity, aiming at addressing, combating, deterring and preventing acts and activities of endangering national security. It targets only an extremely small minority of people without affecting the basic rights and freedoms lawfully enjoyed by Hong Kong residents."
He said, "The US openly clamour for so-called 'sanctions' with an aim to intimidate HKSAR officials who resolutely safeguard national security. The HKSAR Government strongly condemns its political grandstanding rife with ill intentions, which have been seen through by all. The HKSAR despises the so-called 'sanctions' and will not be intimidated by such a despicable behaviour. The HKSAR will resolutely continue to discharge the duty of safeguarding national security."
The HKSAR Government has been enforcing the sanctions imposed by the United Nations Security Council (UNSC) fully and vigorously to fulfil our international obligations. We have long been maintaining an effective mechanism for implementing the resolutions of the UNSC. That includes denying entry of vessels designated by the UNSC as well as suspicious vessels, keeping a close watch on and inspecting suspicious Hong Kong-based companies to prevent them from participating in activities evading UNSC sanctions. At the same time, the HKSAR Government has been implementing a comprehensive and robust control regime over the import and export of strategic commodities and maintaining active participation in the Chemical Weapons Convention and the Arms Trade Treaty through the Central People's Government. The effectiveness of our work has been well respected and recognised by our trading partners and internationally.
The US has substantial economic interest in Hong Kong. Over the past decade, it registered a trade surplus of about US$270 billion with Hong Kong. Currently, some 1 390 US companies operate in Hong Kong. If the US insists on its acts, it will ultimately undermine the mutually beneficial relations between Hong Kong and the US, harming the interests of the US and its companies.
The spokesman reiterated that foreign governments and legislatures should not interfere in any form in the internal affairs of the HKSAR.
