Hong Kong and Kuwait have established a groundbreaking model for international economic cooperation by signing a series of comprehensive agreements that significantly boost trade, aviation links, and technological innovation. This bold partnership reflects both regions’ strategic commitment to leveraging their unique strengths—Hong Kong’s position as a global financial and innovation hub, and Kuwait’s growing role as a gateway to the Middle East market. Through these landmark accords, they aim to deepen economic integration, accelerate cross-border business opportunities, and drive cutting-edge advancements that will set a new global standard for collaborative growth and sustainable development.

Led by John Lee, Chief Executive of the Hong Kong Special Administrative Region, a delegation of more than fifty business leaders from Hong Kong and Mainland China concluded a highly successful trip to Kuwait on May fourteenth. During the visit, they secured numerous bilateral agreements, setting the stage for strengthened cooperation between Hong Kong and the Middle East.

“We are here to better understand the opportunities of Kuwaiti business and investment. To explore how Hong Kong, Mainland China and Kuwait, working together, can create long-term mutual opportunities,” Mr Lee told nearly 300 local business leaders attending a luncheon themed “Partnering for Success – Hong Kong as a ‘Super Connector’ and ‘Super Value-Adder’”.

During the luncheon, representatives from government agencies, businesses, and organizations across Hong Kong, Mainland China, and Kuwait shared insights and unveiled twenty-four memoranda of understanding (MOUs) and partnership agreements. These agreements span a wide range of sectors, including economic and trade development, investment, financial services, technology, legal collaboration, cargo logistics, aviation, higher education, and sports. Significantly, the Airport Authority Hong Kong and Kuwait Airways inked a new memorandum of understanding aimed at strengthening air travel connections between the two areas.

Mr Lee also revealed that starting today, May fifteenth, Hong Kong residents will enjoy a thirty-day visa-free entry to the United Arab Emirates, while Oman has increased its visa-free stay period of stay for travelers from Hong Kong extended from ten to fourteen days.

Hong Kong is exploring closer ties with the Gulf Cooperation Council (GCC), which includes Kuwait currently holding presidency. Mr Lee said the country wields significant influence in the region’s development.

“Hong Kong’s trade with the GCC last year reached nearly US$20 billion, up 53 per cent over the past four years. And that robust growth is underpinned by our mutual will to advance trade ties,” Mr Lee said. “Indeed, our burgeoning trade and investment co-operation, I believe, could well add momentum to the possibility of a free trade agreement between Hong Kong and the GCC.”

On the thirteenth of May, Mr Lee engaged in talks with Kuwait’s Amir, His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Crown Prince His Highness Sheikh Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah, and Acting Prime Minister His Excellency Sheikh Fahad Yousuf Saud Al-Sabah. The meetings centered on strengthening cooperation between Hong Kong and Kuwait in vital areas including finance, trade, and technological innovation.

Mr Lee emphasized Hong Kong’s unique position as a gateway linking China to the global market under the “one country, two systems” framework. He encouraged the Kuwaiti government and businesses to leverage Hong Kong’s strengths as a “super connector” and “super value creator” to tap into new prospects within the Belt and Road Initiative, aiming for shared growth.

At the helm of the delegation, Mr Lee visited multiple Kuwaiti firms, notably Bukhamseen Group Holding Company. There, he showcased Hong Kong’s development potential, highlighting its open, market-driven business landscape and rich pool of skilled professionals.

The delegation also visited Zain Group, a leading mobile telecommunications firm, where they explored the company’s advancements in innovative technologies and digital communications. Discussions covered emerging areas such as drones, artificial intelligence, and smart city initiatives.

On the cultural front, Mr Lee toured the Sheikh Abdullah Al Salem Cultural Centre to learn about Kuwait’s arts and culture projects and developments. He noted that both Hong Kong and Kuwait place importance on arts and culture development, and he said he looks forward to further deepening connections and co-operation in cultural exchanges between the two places.

Hong Kong and Kuwait have set a new global standard in economic partnership by signing comprehensive agreements that enhance trade, aviation connectivity, and technological innovation, leveraging their unique strengths to drive sustainable growth and cross-border collaboration.

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