Minister of State Yelich Addresses Members of Canadian Chamber of Commerce in Hong Kong

February 24, 2014 - Hong Kong - The Honourable Lynne Yelich, Minister of State (Foreign Affairs and Consular), speaks at a luncheon hosted by the Canadian Chamber of Commerce in Hong Kong, the largest Canadian chamber of commerce outside of Canada.

Minister Yelich pointed to the strong commercial relationship between Canada and Hong Kong, emphasizing how the Government of Canada is focusing on expanding trade opportunities with Hong Kong, including through the identification of Hong Kong as a priority market in the Global Markets Action Plan, released in November 2013. In particular, the Minister emphasized the growing role that Hong Kong plays as an export market for Canadian merchandise trade and as a platform for entry into other Asian markets.

“We understand that Asia’s rise is transforming and rapidly enriching hundreds of millions of lives,” said Minister Yelich. “And, certainly, Canadian businesses fully understand the market potential here. Hong Kong has long provided a secure, stable and prosperous economic base for scores of Canadian businesses.”

During the luncheon, Minister Yelich also took the opportunity to highlight Canada as an investment destination of choice and a great place to do business.

“We want to ensure that economic growth, job creation and long-term prosperity will be there for Canadians,” said Minister Yelich. “One way we’re accomplishing this is by working hard to ensure that Canada remains a great place to do business and is an attractive destination for foreign investment.”

Canada is second only to Hong Kong as the best place in the world for doing business, surpassing Germany, Japan and the United States, according to the Bloomberg Ease of Business Ranking—up from sixth place last year.

Minister Yelich also reiterated that Canada strives to provide the best consular services possible to Canadian citizens overseas.

“With more than 500,000 Canadians travelling to Hong Kong last year, it is clear that the people-to-people ties between Canada and Hong Kong are stronger than ever. Canadians travelling and living in Hong Kong can rely on our consulate general when they require assistance and support,” said Minister Yelich.

Minister Yelich is visiting Hong Kong, Guangzhou and Beijing from February 23 to 27 to highlight Canada and China’s strong and growing commercial and people-to-people ties.

Download this photo.