EASTERN EUROPE

In addition to strategic investment vehicles such as ASEZs and FPVs, the Russian government has implemented two special schemes – the Special Administrative Region (SAR) and the Integrated Entertainment Zone (IEZ) in Russia Far East to unleash the region’s full potential. This gives Hong Kong – a renowned SAR, international financial centre and world-class tourist destination – a new window of opportunity. More

The Russian Far East District (FEFD) boasts rich natural resources, abundant land, an upgraded infrastructure, and unfettered access to EAEU markets covering a population of 180 million. It can also offer generous fiscal incentives after the Russian government declared it the “national priority for the entire 21st century”. All this has helped it become an increasingly attractive manufacturing investment destination, which should be of interest to Hong Kong manufacturers and investors. More

The WTO Dispute Settlement Body agreed at its 21 November meeting to establish a panel to examine allegations by seven economies – mainland China, the EU, Canada, Mexico, Norway, Turkey and Russia – that the Section 232 tariffs the United States imposed earlier this year on imported steel and aluminium contravene U.S. multi-lateral obligations. More