A Historic Alliance Begins

In an unprecedented move, Hong Kong's Chief Executive John Lee is spearheading a delegation of over 50 business leaders from Hong Kong and Mainland China to Qatar and Kuwait. This groundbreaking visit aims to strengthen ties and promote Hong Kong's unique advantages within the Middle Eastern market.

John Lee emphasized Hong Kong's pivotal role as a "super connector" under the principle of "one country, two systems." He stated, "We aim to harness our connectivity with both Mainland China and the world, collaborating with economies eager for high-quality development."

Major Agreements Signed in Qatar

During their successful first stop in Qatar, significant achievements were made—including 35 bilateral agreements focused on economic cooperation, investment, finance, and innovation. Notably, a tripartite agreement was established between Hong Kong, Mainland China, and Qatar in fintech, showcasing Hong Kong's strategic role in linking diverse economies.

Visa-Free Benefits for HKSAR Passport Holders

In a landmark announcement at a business luncheon, Lee declared a new arrangement allowing HKSAR passport holders to travel to Qatar visa-free for up to 30 days. Additionally, negotiations regarding an Investment Promotion and Protection Agreement have been largely finalized, enhancing the framework for future investments.

Strengthening Economic Ties with Qatar

Lee's first day in Qatar included discussions with prominent leaders, including the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani. The talks centered on strengthening bilateral trade, which reached $1.6 billion last year, highlighting the potential for further expansion.

Exploring Investment Opportunities

At the Qatar Investment Authority, the delegation explored investment strategies and opportunities for economic collaboration. Highlighting their shared interest in innovation, Lee and his team visited Lusail City, a cutting-edge smart city, to study how technology is integrated into urban development.

Cultural Exchange and Future Innovations

Delegates also toured the National Museum of Qatar, delving into the country’s rich history and cultural heritage. Before concluding the Qatar leg of their journey, Lee visited an autonomous vehicle project at Doha Hamad International Airport, reflecting the promising future of global innovation stemming from Hong Kong's tech sector.

Looking Ahead: Expanding Horizons

With this groundwork laid in Qatar, Hong Kong and the Middle East are poised to embark on a journey of increased trade and cooperation. As Lee and his delegation move on to Kuwait, the potential for bolstering economic ties remains bright.