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Slovak Republic President in Hong Kong on Trade Mission
“Business-Friendly” Country Courts Hong Kong Investment


Speaking at an HKTDC business luncheon, Slovakian President Ivan Gasparovic tells a Hong Kong audience about investment opportunities in his country


Visiting Slovakian President Ivan Gasparovic (centre), with HKTDC Executive Director Fred Lam (left), tours today’s opening of the HKTDC Hong Kong Watch and Clock Fair

6 September 2010 – The Slovak Republic can serve as the region’s gateway to Western and Eastern Europe, according to Ivan Gasparovic, President of the Slovak Republic.  

In his first official state visit to Hong Kong, the President spoke today at a business luncheon hosted by the Hong Kong Trade Development Council (HKTDC). The President is heading a high-level delegation of some 40 major Slovak government and business leaders, the biggest, most senior Slovak business delegation to visit Hong Kong.  

“Hong Kong is an important partner for to the European Union and for Slovakia as well,” Mr Gasparovic said. “Our Hong Kong meetings aim at presenting Slovakia as a European country with a stable and convenient environment for business and investments.” 

In the first half of the year, total trade between Hong Kong and Slovakia jumped nearly 70 per cent, to more than US$109 million.

“As an open economy and international centre of finance, Hong Kong has for many years topped the Index of Economic Freedom and freedom from corruption,” Mr Gasparovic said. “These achievements are extremely encouraging and inspiring for us.” 

The President also stressed his country’s business-friendly environment. Slovakia, he said, “is in the heart of Europe, connecting the West with the East,” adding that it has “a simple tax system, the fastest-growing economy in the European Union and single European currency.” 

Mr Gasparovic said that Slovakia looks forward to forging strong business ties with Hong Kong in the years ahead. “One of the world’s major financial centres, Hong Kong has great investment potential and is home to a number of successful firms that may establish themselves in Slovakia in sectors generating a higher added value.” 

He said the fields of advanced technology, research and development, as well as tourism, were particularly promising areas for Hong Kong companies considering investment in the Slovak Republic. 

Highlights of the Slovak President’s address will be available, 7 September, on the HKTDC's webcasting service, at www.youtube.com/hktdc.

Media Enquiries
Please contact the HKTDC:

Teresa O                Tel: (852) 2584 4554    Email: teresa.cy.o@hktdc.org
Joe Kainz               Tel: (852) 2584 4216    Email: joe.kainz@hktdc.org

About the HKTDC
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 11 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com 

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