PRESS RELEASE

The Financial Secretary, Mr Paul Chan (first right), and the Deputy Prime Minister and Minister of Finance of Laos, Mr Santiphab Phomvihane (first left) witnessed today (October 29) the signing of a comprehensive avoidance of double taxation agreement by the Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan (second right), and Deputy Minister of Finance of Laos Mr Soulivath Souvannachoumkham (second left) on behalf of the Hong Kong Special Administrative Region Government and the Government of Laos respectively. Photo shows Mr Joseph Chan exchanging documents with Mr Souvannachoumkham after the signing.