Hong Kong's Free Trade Agreements (FTAs)
Hong Kong has been actively seeking to expand its FTA network in order to secure favourable conditions for Hong Kong's goods and services to enter the Mainland and international markets.
So far, Hong Kong has signed eight FTAs, respectively with the Mainland of China (June 2003), New Zealand (March 2010), the Member States of the European Free Trade Association (EFTA) (June 2011), Chile (September 2012), Macao (October 2017), the Association of Southeast Asian Nations (ASEAN) (November 2017), Georgia (June 2018) and Australia (March 2019). Hong Kong commenced negotiations for an FTA with Peru on 30 January 2023.
The Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) provides funding support for individual non-listed Hong Kong enterprises to undertake projects to develop brands, upgrade and restructure their business operations and promote sales in the economies with which Hong Kong has signed FTAs. For details, please refer to the dedicated webpage of the BUD Fund (https://www.bud.hkpc.org/en/).