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Hong Kong signs MOU with Argentina on co-operation in wine-related businesses

     The Secretary for Commerce and Economic Development, Mr Edward Yau, signed a Memorandum of Understanding (MOU) on Co-operation in Wine-related Businesses between Hong Kong and Argentina with the Chief Executive Officer of the Argentina Investment and Trade Promotion Agency, Mr Juan Pablo Tripodi, in Bueno Aires, Argentina today (December 14, Bueno Aires time).

     The MOU will facilitate co-operation between Hong Kong and Argentina in wine-related trading and investment promotion, education and training, tourism and prevention of counterfeiting.

     "Hong Kong and Argentina are long time trading partners, particularly in wine trading. The signing of the MOU today will give impetus to that multifarious relationship. We are confident that Hong Kong is well-positioned to promote appreciation of Argentinean wines and related culinary arts in Asia," Mr Yau said.

     "Hong Kong is Asia's wine hub and a wine free-port. Hong Kong also offers a world-class business and logistics infrastructure for the wine business to thrive," he added.

     Since August 2008, Hong Kong has entered into similar wine co-operation agreements with Australia, Chile, France (and its Bordeaux, Burgundy and Champagne regions), Germany, Hungary, Italy, New Zealand, Portugal, Romania, Slovenia, Spain and the United States (and its Oregon and Washington states).

     Mr Yau will return to Hong Kong on December 17.

Ends/Friday, December 15, 2017
Issued at HKT 7:59