Belarus and Hong Kong have agreed on the mutual abolition of visas. The agreement was reached during the official visit of the Belarusian delegation to the special administrative region of China.
This official visit has significantly intensified contacts at the business level.
The sides have also signed an agreement on avoidance of double taxation.
This document provides for measures to help prevent tax evasion on income and property between Belarus and Hong Kong.
The Belarusian governmental delegation is working now in Hong Kong.
This visit is the first in the history of relations between Belarus and this Chinese region.
Hong Kong is the financial Mecca of the world, with GDP exceeding $300 billion. Hong Kong takes second place after the United States on foreign investment and it is the third largest Asian investor.