Hong Kong hails start of first free trade pact with Europe

Hong Kong on Friday said its first free trade agreement with European countries would take effect from the beginning of October, opening up business opportunities and cutting prices of imports.

The agreement, which was signed in June last year with Iceland, Liechtenstein, Norway and Switzerland -- members of the European Free Trade Association (EFTA) -- will cover investments as well as trade in goods and services.

via Business feed http://www.scmp.com/business/economy/article/1049391/hong-kong-hails-start-first-free-trade-pact-europe