Strategic partnerships are being forged to broaden economic ties. The Hong Kong government is actively seeking to widen its trade network by engaging more deeply with Global South markets. Financial Secretary Paul Chan outlined ambitious plans in his 2025-2026 Budget Speech, emphasizing discussions with Malaysia and Saudi Arabia for the establishment of Economic and Trade Offices. These initiatives aim to strengthen commercial relationships and facilitate smoother business operations between these nations. Furthermore, InvestHK has extended its reach into Egypt and Türkiye, opening consultant offices that will serve as vital links for businesses looking to tap into these regions. Similarly, the Hong Kong Trade Development Council (HKTDC) has established a presence in Cambodia, underscoring the city's commitment to fostering international trade.

New opportunities are emerging across diverse geographies. Beyond Southeast Asia, Hong Kong is exploring investment agreements with countries such as Saudi Arabia, Bangladesh, Egypt, and Peru. Simultaneously, negotiations for Comprehensive Avoidance of Double Taxation Agreements are underway with 17 nations, aiming to create a more favorable environment for cross-border investments. Leveraging its role as a key platform for the Belt and Road Initiative, Hong Kong seeks to deepen collaboration with ASEAN and Middle Eastern markets. This strategic position also opens doors to Central Asia, South Asia, and North Africa, where business and professional services sectors can uncover new prospects. The HKTDC is focusing on project matching under the initiative, particularly in areas like green development and innovation and technology.

The upcoming 10th B&R Summit in September marks a significant milestone for Hong Kong’s participation in this global initiative. The event will bring together stakeholders from various sectors, encouraging them to host complementary activities during the summit period. By fostering synergies and promoting collaboration, Hong Kong aims to solidify its position as a leading hub for international trade and investment. This proactive approach not only enhances economic growth but also promotes sustainable development and innovation, paving the way for a brighter future for all involved parties.