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Hong Kong and Chile to begin Trade Talks

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The growing importance of China and its outflow of investment capital through Hong Kong has prompted that city to begin trade negotiations with sovereign countries. First in line in the Americas is Chile. What makes this development interesting is that countries, and not cities negotiate bilateral investment agreements. According to a recent article from the South China Morning Post, the deal will be discussed during a meeting between Chief Executive Donald Tsang Yam-kuen and Chilean President Sebastian Pinera at next month’s Asia-Pacific Economic Cooperation (APEC) summit in Hawaii.

Source: Ip, Chris. “New world calls as trade talks start with Chile; Negotiations set to begin on agreement that would be city’s first with any country in the Americas,” South China Morning Post, October 30, 2011, P. 5.


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