Mainland And Hong Kong Closer Economic Partnership Arrangement Article Index for
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Mainland And Hong Kong Closer Economic Partnership Arrangement




The Mainland and Hong Kong Closer Economic Partnership Arrangement ( of the Hong Kong Special Administrative Region and the Central People's Government of the People's Republic Of China , signed on June 29 , 2003 . A similar agreement, known as Mainland And Macao Closer Economic Partnership Arrangement , was signed between the Government of the Macao Special Administrative Region and the Central People's Government on October 18 , 2003.

The two agreements were signed in the Chinese Language , and therefore only the Chinese text is authentic. Excerpts below are translations of the original text.

In the “CEPA”, the " Mainland " refers to the customs territory of China.


OBJECTIVES

Taken from the agreement between Hong Kong and mainland China:

" To strengthen Trade and Investment cooperation between Mainland China and Hong Kong and promote joint development of the two sides, through the implementation of the following measures :

# progressively reduce or eliminate Tariff s and Non-tariff Barrier on substantially all the trade in goods between the two sides;
# progressively achieve liberalization of trade in services through reduction or elimination of substantially all discriminatory measures;
# promote trade and investment facilitation. "


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