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Financial Secretary to visit India

    The Financial Secretary, Mr John C Tsang, will next week lead a high-level business mission to India.

     Mr Tsang will depart Hong Kong on December 11 to attend a number of meetings in the Indian financial centre 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 December 12, Mr 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 December 13, Mr Tsang will visit the Securities and Exchange Board of India, the National Stock Exchange of India and Infrastructure Leasing & 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, Mr Tsang will call on the Ministry of Finance and the Ministry of Communications & Information Technology and attend a reception hosted by the Punjab National Bank.

     Mr 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 our strengths in the services and financial sectors.  He would also explain the advantages of using Hong Kong as a platform for doing business in and with the Mainland of China.

     Mr Tsang will return to Hong Kong on December 16.

Ends/Tuesday, December 4, 2007
Issued at HKT 17:47


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