India and Hong Kong have a long historical relationship in trade dating back over 150 years. Currently, trade relations are expanding rapidly with over 1,500 Indian companies active in Hong Kong across various industries such as services, finance, IT and transportation. Hong Kong serves as an important hub for Indian professionals in banking, IT and shipping. The top exports from Hong Kong to India are non-metallic minerals, telecommunications equipment, and electrical machinery, while the top imports to Hong Kong from India are leather, cotton, and iron and steel. To strengthen economic ties, India and Hong Kong have signed several bilateral agreements and are discussing a bilateral investment agreement.

1. “INDIA-HONG KONG”
TRADE RELATIONS
By: Ashish Sundriyal (0121PG106)

2. Background







Historical
More then150 years
Trading – 19th Century
Very warm & Friendly
Home to a large Indian community
Contributed as a hub of global Finance & Trade
Estimated to be more then 45,000

3. Current Developments







Expanding Rapidly
1,500 Indian Companies
Activities – Services, investment finance, banking ,
transportation, IT & Telecommunications
Hong Kong-Host to
Indian professional
In Banking, IT & shipping
Major sourcing

4. Trade Relations with India

1.
2.
3.

1.
2.
The top three domestic export categories to India
Non-metallic mineral - pearls, precious and semiprecious stones
Telecommunications , sound recording , medical
apparatus and equipment
Electrical machinery, appliances, electrical parts –
watches, clocks etc
The top three import categories from India
Leather and dressed furskins
Jewellery ,Cotton, iron ,steel, plastics

5. Bilateral Agreements





Customs Cooperation Arrangement (1997)
Surrender of Fugitive Offenders (1997)
Air Services Agreement (2007)
Agreement on Mutual Legal Assistance in Criminal Matters
(2009).
Discussions are underway for concluding a Bilateral
Investment Promotion & Protection Agreement (BIPA).

6. India - Hong Kong Trade: Table

7. Thank You.