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The Financial Secretary, Mr John C Tsang, today (March 20) started his official visit to Brunei on the second leg of his Southeast Asian trip.
Mr Tsang first went to the Ministry of Finance where he met Brunei's Second Minister of Finance, Pehin Dato Abdul Rahman Ibrahim, and signed with him a Comprehensive Agreement for the Avoidance of Double Taxation between Brunei and Hong Kong.
He then had a meeting with the Minister of Foreign Affairs and Trade, His Royal Highness Prince Mohamed Bolkiah. During the meeting, Mr Tsang invited Brunei enterprises to make use of Mainland and Hong Kong Closer Economic Partnership Arrangement and Hong Kong's knowledge of doing business on the Mainland to enter the Chinese market.
The Financial Secretary then had an audience with His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam, Sultan Hassanal Bolkiah Mu'izzaddin Waddaulah. Mr Tsang thanked the Sultan for the hospitality offered to his delegation. He also invited Brunei businessmen to make better use of the well-established capital market in Hong Kong and use Hong Kong as a gateway to tap business potential in China.
In the evening, Mr Tsang will attend a dinner hosted in his honour by Brunei's Second Minister of Finance, Pehin Dato Abdul Rahman Ibrahim.
Ends/Saturday, March 20, 2010
Issued at HKT 15:06
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