The Hong Kong Special Administrative Region Government and the Lao Government signed a comprehensive agreement on avoidance of double taxation in Hong Kong on the 29th. The Financial Secretary of the Special Administrative Region Government, Chan Mao-po, said that Laos is a member of the Association of Southeast Asian Nations and is also a “Belt and Road” country, and has great potential for cooperation with Hong Kong in the fields of economy, trade and investment. The agreement will help promote economic and trade ties between the two places, further develop Hong Kong's unique role as a “super contact” and “super value-added person” connecting the mainland and international markets, and create favorable conditions for promoting regional economic integration.

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