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FS signs memorandum of understanding on economic co-operation between Iran and HK (with photos)
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     The Financial Secretary, Mr John C Tsang, today (November 8, Tehran time) started his visit in Tehran, Iran and signed a Memorandum of Understanding (MoU) between Iran and Hong Kong on economic co-operation on behalf of the Hong Kong Special Administrative Region Government.

     Also signing the MoU was the Minister of Economic Affairs and Finance of Iran, Dr Ali Tayyeb Nia, on behalf of the Government of Iran. The MoU provides a framework for enhancing co-operation in various fields, such as trade and industry, science, technologies and innovations, telecommunications, tourism and education.

    At his meeting with Dr Ali Tayyeb Nia, Mr Tsang remarked that the Iranian enterprises can make good use of the extensive commercial and trade network and experience of Hong Kong in tapping the China and global markets.

     Later he also had a meeting with the Minister of Co-operatives, Labour and Social Welfare, Dr Ali Rabiei, and attended a networking session with a group of Iranian companies.  Mr Tsang highlighted that the Belt and Road Initiative will be the important driving force of the global economy in the 21st century.  Given the complimentary strengths of Iran and Hong Kong, both sides can work together in seizing the massive opportunities arising from the Initiative.

     This morning, Mr Tsang called on the Governor of the Central Bank of Iran, Dr Valiollah Seif and updated the latter on the latest development of offshore Renminbi business in Hong Kong.  Mr Tsang pointed out that Hong Kong is the international financial centre of China and the largest offshore Renminbi business hub. China has been one of the major trading partners of Iran.  Hong Kong can play a major role in providing Iranian companies with Renminbi trade settlement and investment services.

     Tomorrow (November 9, Tehran time), Mr Tsang will deliver a keynote speech at the Iran-Hong Kong Business Cooperation Forum and meet with other senior government officials of the Iranian Government.
 
Ends/Tuesday, November 8, 2016
Issued at HKT 21:52
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Photo

The Financial Secretary, Mr John C Tsang (left), today (November 8, Tehran time) visited Tehran, Iran and called on the Governor of the Central Bank of Iran, Dr Valiollah Seif.
The Financial Secretary, Mr John C Tsang (second right), today (November 8, Tehran time) visited Tehran, Iran and had a meeting with the Minister of Economic Affairs and Finance of Iran, Dr Ali Tayyeb Nia (second left).
The Financial Secretary, Mr John C Tsang (right), today (November 8, Tehran time) visited Tehran, Iran and signed a memorandum of understanding (MoU) between Iran and Hong Kong on economic co-operation on behalf of the Hong Kong Special Administrative Region Government. The Minister of Economic Affairs and Finance of Iran, Dr Ali Tayyeb Nia (left), signed the MoU on behalf of the Government of Iran.
The Financial Secretary, Mr John C Tsang, today (November 8, Tehran time) visited Tehran, Iran. Photo shows Mr Tsang (fourth left) attends a networking session with a group of Iranian companies.