Closer Economic Partnership Arrangement
The Closer Economic Partnership Arrangement (CEPA) is an economic agreement between the Hong Kong SAR government and the People's Republic of China central government, signed on June 29, 2003. A similar agreement (also known as CEPA) was signed between the PRC and the Macau SAR governments on October 18, 2003.
CEPA was signed in the Chinese language, and therefore only the Chinese text is authentic. Excerpts below are translations of the original text.
Objectives
"To strengthen trade and investment cooperation between Mainland China and Hong Kong and promote joint development of the two sides, through the implementation of the following measures :
- progressively reduce or eliminate tariffs and non-tariff barrier on substantially all the trade in goods between the two sides;
- progressively achieve liberalization of trade in services through reduction or elimination of substantially all discriminatory measures;
- promote trade and investment facilitation."
See also:
External links
Referenced By
Antony Leung | Antony Leung Kam-chung | CEPA | Economy of China | Economy of Hong Kong | Economy of Macau | Economy of the People's Republic of China | HKSAR | Hong-Kong | Hong Kong | Hong Kong's economy | Hong Kong, China | Hong Kong, city | Hong Kong/Economy | Hong Kong SAR, China | Hong Kong Special Administrative Region | Hongkong | ISO 3166-1:HK | List of China-related topics 123-L | Macau/Economy | Peoples Republic of China/Economy
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