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Govt to enhance securities trading

It is a pleasure to be here with you today, especially after an accident that has reminded me of the importance of staying vigilant even in relatively peaceful times. Continuously enhancing competitiveness despite good business is also a theme I wish to harp on in today's speech.   Some of you may recall that I last spoke to you in November 2018. That was into the second year of my tenure, witnessing the celebration of the 40th anniversary of our nation's reform and opening up, and the consecutive opening of two major pieces of cross-boundary transport infrastructure - the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link and the Hong Kong-Zhuhai-Macao Bridge. All seemed bright and well. And then we all have some frightening memories of what Hong Kong had gone through in the following two years. Few would disagree that it has been a very challenging period for Hong Kong, particularly with the riots in the latter half of 2019 during which some banks were

HK, Russia sign prisoner transfer deal

Hong Kong and Russia today signed bilateral agreements on mutual legal assistance in criminal matters and the transfer of sentenced persons.   The agreements were signed by Secretary for Security Tang Ping-keung and Russian Minister of Justice Konstantin Chuychenko via video conference.   At the signing ceremony, Mr Tang said both Hong Kong and Russia are committed players in the international efforts to fight crimes and the signing of such agreements represents an important step forward in legal co-operation between the two places.   Under the Basic Law, the Hong Kong Special Administrative Region Government can, with the authorisation of the Central People’s Government, make appropriate arrangements with foreign states for reciprocal juridical assistance.   The mutual legal assistance agreement contains the essential features and safeguards of international agreements of this type.   The assistance covered included identifying and locating people, serving documents, taking evidence, executing requests for search and seizure, providing information and confiscating proceeds of crime.   The agreement on the transfer of sentenced persons embodies the shared conviction of both places that allowing such people to return to their places of origin, where there are no language or cultural barriers and where friends and relatives can pay more visits, is conducive to their rehabilitation.   Hong Kong’s policy is therefore to facilitate such transfers between the city and other jurisdictions as far as possible.
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