Hong Kong strengthens trade relations with Japan through MoU with Aomori Prefectural Government
HONG KONG, Aug 12, 2022 - (ACN Newswire via SEAPRWire.com) - As the effects of the pandemic continue to be felt by economies across the globe, Hong Kong looks to strengthen economic relations with its key trade partners. Today, the Hong Kong Trade Development Council (HKTDC) and the Aomori Prefectural Government of Japan signed a Memorandum of Understanding (MoU) on mutual cooperation in promoting economic exchange. The signing occurred during the Food Expo 2022, a flagship event organised by the HKTDC.HKTDC, represented by Executive Director Margaret Fong (L), and Aomori Prefecture, Japan, represented by Governor Shingo Mimura (R), signed a MoU at the HKTDC Food Expo, Hong Kong’s flagship event organised by the HKTDC.Japan was Hong Kong's 6th largest trading partner in 2021, with total merchandise trade amounting to about HK$390 billion. In 2021, Hong Kong's domestic export of goods to Japan totalled HK$666 million, while Hong Kong imported about HK$271 billion worth of goods from Japan. Commanding a vast coastline with an abundance of marine life, Aomori Prefecture in Japan's Tohoku region boasts a flourishing aquaculture industry. It is also known for its well-developed forestry...
