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Asia Today ISSN 1861-4604 Monday, January 22, 2018

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Hong Kong leader Carrie Lam talks up Saudi Arabia as trade partner in ‘Belt and Road’ push

Trips promoting Hong Kong

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Fresh from meeting with the king, leader says city’s financial services sector could be of use to Saudi business

Hong Kong’s leader said Saudi Arabia could be a valuable export market for the city’s professional and financial services, as she vowed on Tuesday to continue her overseas trips promoting Hong Kong and exploring business opportunities, reports South China Morning Post

During her visit, Lam met King Salman, Crown Prince Mohammed and Saudi Arabia’s ministers of energy and finance.

Lam and other officials met Khalid Abdul Aziz al-Falih, who is both an energy minister and chairman of Saudi Aramco, a state-owned oil conglomerate which stock exchange chiefs from Hong Kong and other major global exchanges are thought to have courted for a listing.

“Saudi Arabia is an important country in the ‘Belt and Road Initiative’,” Lam said, referring to the central government’s plan to boost trade along two historic routes leading westwards from China.more

 

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