Hong Kong Commerce Secretary urges support for E-commerce growth at WTO Conference

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The Secretary for Commerce and Economic Development, Mr Algernon Yau, spoke at a meeting on e-commerce during the 13th World Trade Organisation Ministerial Conference in Abu Dhabi.

1st March 2024 – (Hong Kong) Mr. Algernon Yau, the Secretary for Commerce and Economic Development, continued his participation in the 13th World Trade Organisation (WTO) Ministerial Conference (MC13) in Abu Dhabi on 29th February (Abu Dhabi time). Addressing the session on e-commerce, Mr. Yau emphasized the rapid development of e-commerce as a crucial driver for global trade and economic growth. He stressed the need to maintain a conducive environment for international e-commerce to thrive.

During his speech, Mr. Yau acknowledged the vital role played by the moratorium on customs duties on electronic transmission in ensuring stability and predictability for e-commerce over the past 25 years. He reaffirmed Hong Kong’s strong support for extending the moratorium and urged WTO members to heed the calls of the global business community. Mr. Yau emphasized the importance of creating a predictable and tariff-free environment to foster the continued development and prosperity of digital trade.

In addition to his participation in the conference, Mr. Yau held a bilateral meeting with Dr. Martin Kocher, the Federal Minister of Labour and Economy of Austria. The meeting provided an opportunity for both parties to exchange views on matters of mutual interest on the sidelines of MC13.

Following the conclusion of the ministerial conference, Mr. Yau will travel to Manama, Bahrain on March 2. The purpose of his visit to Bahrain is yet to be disclosed.