Activities Round Up

Date : 10 Mar to 16 Mar 2013
Place : Hong Kong
Organised by : FISME

Hong Kong Govt. invites FISME President


Mr VK Agarwal President FISME visited Hong Kong and held a series of meetings with counterpart institutions and related departments of Micro Small and Medium Enterprises (MSMEs).

He was officially invited by Government of Hong Kong Special Administrative Region (HKSAR) from March 10-16, 2013.

Apart from meeting Members of Legislative Council of Hong Kong and Consul-General of India, among the key institutions Shri Agarwal visited include Government departments such as commerce and economic development (commerce and industry), and its bureau; financial services and the treasury bureau; department of justice; central policy unit; trade and industry department; independent commission against corruption;   Hong Kong productivity council; Invest Hong Kong; Hong Kong Trade Development Center and Hong Kong Small and Medium Enterprises Centre.

He also met chambers and associations - Indian Chamber of Commerce in Hong Kong and Federation of Hong Kong Industries and financial institutions- Goldman Sachs (Asia); HSBC; Hong Kong Venture Capital and Private Equity Association. 

Hong Kong has emerged as the international hub for banking and financial services. Mr Agarwal held a wide range of discussions with Hong Kong Venture Capital and Private Equity Association about private equity in manufacturing.

He discussed with HSBC’s Regional Strategy Team, about possibility of raising External Commercial Borrowings (ECBs) by Indian SMEs from Hong Kong and different financial instruments available to SMEs in Hong Kong.