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The Financial Secretary, Mr John C Tsang, today (December 9) conducted his visit programme in Abu Dhabi in the United Arab Emirates (UAE) for his trade promotion mission in the Middle East.
Leading a business delegation to the Middle East, Mr Tsang started the UAE leg of his tour by receiving a breakfast briefing on the latest economic developments of the Middle Eastern market by the National Bank of Abu Dhabi.
Mr Tsang then attended a meeting with the Undersecretary of the UAE Ministry of Economy, HE Abdullah Ahmed Al Saleh, and the First Vice-Chairman of the Abu Dhabi Chamber of Commerce and Industry, HE Ebraheem Mahmood Al Mahmood. Noting that the UAE is Hong Kong's largest export market in the Middle East, Mr Tsang urged greater business co-operation and closer economic ties between Hong Kong and the UAE.
At a networking luncheon co-hosted by the UAE Ministry of Economy and the Abu Dhabi Chamber of Commerce and Industry, Mr Tsang spoke on exploring business opportunities between Hong Kong and Abu Dhabi, highlighting three areas of the financial services portfolio that would be useful to UAE business leaders, namely Islamic finance, asset management and Renminbi business.
Later in the day, Mr Tsang held a meeting with the Chairman of the Abu Dhabi Global Market, HE Ahmed Ali Al Sayegh.
A meeting with the Governor of the Central Bank of the UAE, HE Mubarak Rashed Khamis Al Mansoori, was lined up. Both sides discussed a wide range of monetary issues and regional issues of common concern.
The visit to Abu Dhabi was concluded by a dinner hosted by the Acting Chinese Ambassador to the UAE, Mr Wang Yongzhao.
Mr Tsang will tomorrow (December 10) start a two-day visit to Dubai, the last leg of his trade promotion mission in the Middle East, and will return to Hong Kong on December 12.
Ends/Tuesday, December 9, 2014
Issued at HKT 20:37
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