WESTERN EUROPE

Commission Launches Infringement Proceedings Against UK for Breach of Northern Ireland Protocol

22 June 2022

On 15 June 2022, the European Commission launched infringement proceedings against the United Kingdom with regard to significant parts of the Protocol on Ireland/Northern Ireland (“the Protocol”). According to the Commission, the UK’s failure to comply with the Protocol – despite numerous calls from the EU – is a clear breach of international law. More

hktdc research

New UK Legislation Announced to Unilaterally Change Northern Ireland Protocol

01 June 2022

The UK's foreign secretary Liz Truss has delivered an oral statement to the UK Parliament, in which she announced the UK’s intention to introduce legislation in the coming weeks to make (unilateral) amendments to the Northern Ireland Protocol, while also stating that the UK’s preference remains a negotiated solution with the EU. Should the amendments be adopted, this could trigger a trade war with the EU. More

life & style

Big data brings machine earning

06 May 2022

Two years ago, Big Data & AI World was the last trade show welcoming visitors to the ExCel exhibition and convention centre prior to the United Kingdom succumbing to its first COVID-19 lockdown. The ensuing period proved to be an exciting one in terms of digital transformation, with more and more businesses going online throughout the course of the outbreak. More

market spotlight

Connectivity rules for hub cities

23 November 2021

London and Hong Kong have long functioned as hubs for massive geopolitical regions – the North Atlantic comprising Europe and North America, and Asia-Pacific. More

hktdc research

Hong Kong-UK Business Incubation: Fashion and Food Tech

06 April 2022

The Covid‑19 outbreak provided not only a wake‑up call for global manufacturers, brands and traders to re‑consider their supply chain strategies, but it also opened a new window of opportunities for start-ups to contribute to the process. This article shows how a Hong Kong-UK collaboration can facilitate the incubation of techstyle and food tech start-ups. More

hktdc research

SINGAPORE: Digital Trade Agreement Signed with the United Kingdom

10 March 2022

Singapore has signed a new digital trade deal with the UK. According to Singapore’s Ministry of Trade and Industry press release, the UK-Singapore Digital Economy Agreement (UKSDEA), signed on 25 February 2022, will boost end-to-end digital trade through common digital systems for e-invoicing and e-payments. More

life & style

Fashion foursome weaves magic

11 March 2022

When budding Hong Kong fashion designer Charlotte Ng met three fellow creatives at an industry event, little did she know the chance encounter would result in a business partnership. More

inside china

Medtech firms prescribe Hong Kong

09 March 2022

The rapid growth of healthcare spending, combined with accommodating financial markets, has made Hong Kong the perfect springboard into Asia for new biotech businesses. Acknowledging this, experts at the recent “Maximising Business Opportunities through Hong Kong on Healthcare Technology and Investment Collaboration” webinar, organised by the Hong Kong Trade Development Council (HKTDC), set out to explain how European healthcare start‑ups and other companies can leverage the city’s strategic position, especially its close ties with Mainland China, to benefit from the rapid growth of healthcare spending in the region. More

hktdc research

Post-Covid Prospects: Switzerland

23 February 2022

Switzerland, with a high level of immunity among its population due to vaccinations and earlier infections, has lifted almost all pandemic-related restrictions. This interview looks at how the Swiss economy and its various forward-thinking business ecosystems are ready to work with their Hong Kong counterparts for a better, post-pandemic future. More

hktdc research

Post-Brexit Renegotiation of Northern Ireland Protocol Continues in EU-UK Bid to Reach Agreement

15 February 2022

On 11 February 2022, the UK's foreign secretary Liz Truss and the European Commission’s Vice-President Maroš Šefčovič failed to reach agreement despite in-person negotiations over the existing Northern Ireland Protocol. The two sides have vowed to continue negotiations intensively, with a view to amending the existing deal. More

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