Committee on Regional Trade Agreements - Council for Trade in Services - Closer Economic Partnership Arrangement between China and Hong Kong, China - Notification from the Parties - Addendum

NOTIFICATION OF CHANGES AFFECTING THE IMPLEMENTATION
OF A REGIONAL TRADE AGREEMENT

Addendum

The following communication, dated 6 December 2024, has been received from the Delegations of China and Hong Kong, China.

 

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Notification of the Second Agreement Concerning Amendment to the Agreement on Trade in Services of the Mainland and Hong Kong Closer Economic Partnership Arrangement.[1]

 

1.

Member(s) notifying: China and Hong Kong, China

2.

Date of notification: 6 December 2024

3.

Notification pursuant to:

[X]    Paragraph 14 of the Transparency Mechanism for Regional Trade Agreements (WT/L/671)

4.

Changes affect:

[  ]    goods

[X]    services

[  ]   both

5.

Original RTA being modified:

Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA)

6.

WTO document reference of original notification of RTA:

WT/REG162/N/1 and S/C/N/264

7.

Parties to the Agreement: China and Hong Kong, China

8.

Date of adoption: 9 October 2024

9.

Date(s) of entry into Force/provisional-application: 9 October 2024

10.

Brief description of the changes:

The Second Agreement Concerning Amendment to the Agreement on Trade in Services of the Mainland and Hong Kong Closer Economic Partnership Arrangement (“the Amendment Agreement II”) updates the commitments on liberalisation and facilitation of trade in services under the Agreement on Trade in Services notified to the WTO on 23 March 2016 (WT/REG162/N/1/Add.9 and S/C/N/264/Add.9) and implemented on 1 June 2016 so as to further enhance the level of liberalisation on trade in services under the framework of CEPA.  The Agreement on Trade in Services was first amended on 21 November 2019 as notified to the WTO on 18 March 2020 (S/C/N/264/Add.11 and S/C/N/264/Add.11/Corr.1) to add liberalisation measures which have been implemented since 1 June 2020.  The Amendment Agreement II introduces new liberalisation measures in a number of services sectors, including measures for pilot implementation in the nine Pearl River Delta municipalities in the Guangdong-Hong Kong-Macao Greater Bay Area, and includes commitments on domestic regulation for trade in services and facilitation measures on trade and investment, etc.  The Amendment Agreement II came into effect on the day of signing (i.e. 9 October 2024) and will be implemented on 1 March 2025.

11.

Text and related schedules, annexes and protocols are:

[  ]    submitted to the WTO Secretariat (electronic format)

[X]    available from the following official Internet link(s):

https://www.tid.gov.hk/english/cepa/legaltext/cepa19.html

http://tga.mofcom.gov.cn/ndygagyjlgjmjmgxdapCEPA/index.html

 

 

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[1] Supplements I to III can be found under WTO Documents: _WT/REG162/1/Add.1-3. Supplements IV to X, the Agreement between the Mainland and Hong Kong on Achieving Basic Liberalisation of Trade in Services in Guangdong, the Agreement on Trade in Services, the Investment Agreement, the Agreement on Economic and Technical Cooperation and the Agreement on Trade in Goods can be found under WTO Documents: _WT/REG162/N/1/Add.1-11. The Agreement Concerning Amendment to the Agreement on Trade in Services of the Mainland and Hong Kong Closer Economic Partnership Arrangement can be found under WTO Documents: _S/C/N/264/Add.11 and _S/C/N/264/Add.11/Corr.1.