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Home >> Business
UPDATED: 12:50, February 27, 2005
HK to reap benefits from WTO conference
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The Sixth World Trade Organization Ministerial Conference in December will bring Hong Kong about 100 million HK dollars (about 12.82 million US dollars) in tourist receipts, Hong Kong Director-General of Trade & Industry Raymond Young said Saturday.

He added arrangements will be made to cater for non-governmental organizations' (NGO) needs.

An area will be set up for about 2,000 accredited NGO representatives inside the conference venue to facilitate their lobbying activities. Direct dialogues are also being conducted with local and overseas NGOs to better understand their concerns.

Speaking on a radio talk show, Young noted Hong Kong has been facing fierce competition and needs to participate in more international events to boost its image.

He believed the Sixth WTO Ministerial Conference, with an attendance of 15,000 people from all over the world, will showcase Hong Kong as Asia's world city.

A sum of 250 million HK dollars (about 32 million US dollars) has been set aside for holding the conference, mainly for hiring venues and staffing, Young said.


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