FS boosts trade and economic ties in Tehran (with photos)

     The Financial Secretary, Mr John C Tsang, in Tehran, Iran, today (November 9, Tehran time) promoted to the Iran business community the unique business platform and world-class professional services that Hong Kong can offer to help Iranian companies in expanding their businesses in overseas markets.

     On the last day of his visit to Tehran, Mr Tsang attended a Iran-Hong Kong Business Co-operation Forum jointly organised by the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA); the Iran-China Chamber of Commerce and Industries (ICCCI); and the Hong Kong Trade Development Council.  He also had an in-depth discussion with the President of the ICCCI, Mr Asadollah Asgaroladi, the Secretary General of ICCIMA, Mr Gholamhossein Shafei, as well as senior members of the two Chambers on how to develop trade relations between Iran and Hong Kong.

     At the Forum, Mr Tsang spoke of the far-reaching impact of the grand and visionary Belt and Road Initiative in boosting Sino-Iranian trade and contributing to Iran's emergence as a rising Eurasian trade hub.

     "Hong Kong is the world's leading Renminbi business hub. Hong Kong provides to international investors a compressive range of Renminbi services, including cross-border trade settlement, investment and financing.

     "We are an international financial centre with the essential experience, expertise and connections to serve as the fundraising and financial-management hub for the economies of the Belt and Road region," he said.

     Later, Mr Tsang called on the Deputy Minister of Roads and Urban Development of Iran, Mr Asghar Fakhrieh Kashan.  He pointed out that Hong Kong has well developed financial markets as well as a deep pool of expertise with international experience in the field of architecture, engineering and infrastructure. Iran can make use of Hong Kong's strengths in infrastructure financing and project management in promoting infrastructure development.

     In the evening, he paid a courtesy call on the Chinese Ambassador to Iran, Mr Pang Sen, and attended a dinner hosted by him.

     Having completed his visit to Middle East, Mr Tsang will return to Hong Kong in the early morning this Friday (November 11).

Ends/Wednesday, November 9, 2016
Issued at HKT 23:02