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Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

FTA Talks between Australia and Hong Kong

May, 16 2017
watermark Economic news

Talks between Australia and Hong kong are set to discuss the free trade agreement and negotiate aiming to secure access for service providers within the year. They are trying to accomplish as soon as possible. Although tariffs on Australian goods is already settled at zero, these meetings are focused on enhancing the financial, travel, education, mining, construction, energy and transport companies.

Hong kong being the 12th biggest trading partner exchanges worth A$15.3 billion equivalent to $11.4 billion with an estimate of 600 Australian companies based in the Asian financial hub. This also grants access to marginalized Australian service providers in trading representing 22 percent of national exports.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.