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Apr exports value up 1.1%

The value of Hong Kong’s total goods exports increased to $389 billion in April, up 1.1% compared with the same month last year, the Census & Statistics Department announced today.   The value of imports of goods rose 2.1% to $425.6 billion for the same period.   A trade deficit of $36.6 billion, or 8.6% of the value of imports, was recorded for the month.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total exports decreased 12% while that of imports fell 11.7%.   The Government said epidemic-induced transportation disruptions, though easing somewhat in the latter part of the month, continued to constrain export performance.   It pointed out that exports to the Mainland fell while those to the US and the European Union posted visible growth.   Looking ahead, the global economic outlook has worsened amid rampant inflation in some major economies and monetary policy tightening by respective cen

Flight landing rules tightened

The Government today announced that it will further tighten the criteria of place-specific flight suspension mechanism and prohibit all passenger flights from Nepal from landing in Hong Kong from May 1.   Under the tightened mechanism, the Government will extend the measure to prohibit all passenger flights from India, Pakistan and the Philippines from landing in Hong Kong from May 1.   Starting from the same day, Nepal will also be specified as an extremely high-risk place under the Prevention & Control of Disease (Regulation of Cross-boundary Conveyances & Travellers) Regulation to restrict people who have stayed in the four places from boarding for Hong Kong.   The Government explained that it implemented the mechanism on April 14.   Under it, if a total of five or more passengers among all flights from the same place, regardless of airline, were confirmed by arrival tests for COVID-19 with the N501Y mutant strain within a seven-day period, the Government would invoke the regulation to prohibit all passenger flights from that place from landing in Hong Kong for 14 days, and would specify that place as an extremely high-risk place to restrict people who have stayed there for more than two hours from boarding passenger flights for Hong Kong for 14 days.   In view of the continually unstable global epidemic situation, the Government decided to introduce a new criterion having considered the actual operation of the mechanism.   If a total of 10 or more passengers were confirmed positive by any tests, including tests conducted during quarantine, with the N501Y mutant strain or relevant virus mutation within a seven-day period, the flight suspension mechanism would also be triggered.   As a measure to manage the flight resumption arrangements more cautiously under the mechanism, the Government will conduct risk assessments every two weeks for comprehensive reviews of relevant factors such as the epidemic situation of the relevant places, vaccination rate, and the prevalence of new virus variants before determining whether it is appropriate to remove the flight suspension.   Due to the need to review the epidemic situation of the place concerned, the flight suspension mechanism will not be lifted automatically.
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