WHAT: Formally adopted in January, the Regional Comprehensive Economic Partnership (RCEP) agreement, which stretches from Japan to New Zealand, is set to create the largest free trade bloc in the world. The agreement is likely to boost businesses’ efforts to go global.
This seminar will explore the opportunities and challenges businesses can expect from the greater integration of the region’s economies. During the session, representatives from the Hong Kong Trade Development Council (HKTDC) and Hong Kong Customs and Excise Department will provide insights on the preferential tariffs treatments allowed under the Hong Kong Customs' Free Trade Agreement Scheme in terms of the RCEP, while a delegate from the Hong Kong Productivity Council will introduce the FTA and IPPA Programme, which fall within the remit of the Dedicated Fund on Branding, Upgrading and Domestic Sales (The BUD Fund).
WHEN: 14 July 2022 3pm – 4.15pm
WHO: Organised by the Hong Kong Trade Development Council
WHY: Speakers include Wing Chu, Head of Business Advisory Section of the HKTDC’s Research Department, who will give an overview of the impact of the RCEP on regional supply chains and discuss origin rules and preferential tariffs. He will be joined by Caesar Wong, Managing Director of China Business Services, RSM Hong Kong, who will outline cross-border tax risk mitigation by adequate use of tax preferences. Describing customs rules, Peter Wan, Inspector, Ports and Maritime Command, Customs and Excise Department, will give details on the FTA Transhipment Facilitation Scheme. In addition, a manager from the Hong Kong Productivity Council will introduce the BUD Fund.
WHERE: Online webinar, register here
EVENT WEBSITE: https://hkmb.hktdc.com/en/MC45NzQ4OTE2/event/Webinar-on-Leveraging-RCEP-Preferential-Tariffs-to-Explore-ASEAN-Market-Opportunities
