Hong Kong to open trade and economic office in Moscow

Hong Kong plans to open its trade and economic office in Moscow. Chief Executive of the Hong Kong Special Administrative Region Carrie Lam made such a statement during the meeting with Russian Foreign Minister Sergey Lavrov, press service of the local government said.

“Hong Kong and Russia have made good progress in the co-operation in various areas, with the total merchandise trade up more than 20% over 2017 to around $35.8 billion last year,” Lam said, cited by the press service.

The new office will bring cooperation between the parties in trade, economy, innovative technologies and development of youth exchanges to a new level, the press service said.