Impact on US$500m tech imports depends on US measures, Edward Yau says - News Summed Up

Impact on US$500m tech imports depends on US measures, Edward Yau says


The impact on mainly telecommunications and information security products and electronics imported by Hong Kong, will depend on export control measures eventually taken by the US government, the Secretary for Commerce and Economic Development, Edward Yau Tang-wah said today. They were mainly telecommunications and information security products and electronics. “The impacts of these products in obtaining the US export authorisation will depend on the export control measures eventually taken by the US Government,'' he said. “In recent years, various I&T stakeholders in Hong Kong have been sourcing equipment and technology products from around the world, or developing related products and technologies locally. Hence, any policies adopted by individual regions should not have material impact on Hong Kong's I&T development,'' he said.


Source: The Standard June 10, 2020 07:02 UTC



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