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Hectic day for FS in Sweden (with photos)
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     The Financial Secretary, Mr John C Tsang, today (June 8, Stockholm time) had a packed programme in Stockholm meeting government ministers and prominent personalities.

     Mr Tsang started the day by paying a visit to his Swedish counterpart, Finance Minister Anders Borg. Both sides exchanged views on the latest position of the world economy and efforts of the two governments to bolster the economy.

     The Financial Secretary next met the State Secretary to the Minister for Local Government and Financial Markets, Mr Urban Karlstrom. They discussed, among other things, the latest thinking on regulatory regimes for the financial markets.

     Mr Tsang then met former Swedish Prime Minister, Mr Goran Persson, over lunch. A wide range of topics were discussed, including the outcome of the election to the European Parliament and its possible impact on future economic policies of European Union countries.

     In the afternoon, Mr Tsang met Ms Maud Olofsson, Deputy Prime Minister, who is also Minister for Enterprise and Energy. Views were exchanged on environmental protection and energy efficiency. Mr Tsang said that Hong Kong attached great importance to protecting the environment and that it had much to learn from Sweden.

    The Financial Secretary then went to the Central Bank of Sweden where he was briefed on the state of the Swedish economy. He also shared his views on the global financial crisis with the banks Governor, Mr Stefan Ingves.

    In the evening, Mr Tsang was invited to address participants of the 10th plenary session of the Hong Kong V European Union and European Union V Hong Kong Business Co-operation Committees at a welcome dinner held in the Vasa Museum where a restored 17th century Swedish warship, the Vasa, was on display.

    Mr Tsang will fly to London tomorrow after addressing the plenary session of the two business co-operation committees.

Ends/Tuesday, June 9, 2009
Issued at HKT 12:45

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