Goods Trade – All products originating in Hong Kong may benefit from an import tariff preference on the continent if the rules of origin of the CEPA (ROC) are respected and each batch of goods exported to the mainland is equipped with a certificate of origin – CEPA (CO (CEPA) ).20. In order to intensify the liberalization and facilitation of trade between the two sides, the Merchandise Trade Agreement contains four specific chapters on „customs regimes and trade facilitation,“ „health and plant health measures,“ „technical barriers to trade“ and „trade facilitation measures in the greater Guangdong-Hong Kong-Macao area.“ 14 Six months after the implementation of the agreement, projects are still progressing slowly, although some interest has been shown. Neither the business community nor the authorities have been under any illusions about this. For example, in November 2003, the Hong Kong Trade Development Council, the organization that promotes Hong Kong`s foreign trade and is a strong supporter of the EPA, stated that „the creation of production activities through the EPA is likely to be limited and the impact on job creation or trade flows should be moderate.“ HKGCC draws attention to the existence of projects in the fields of textiles (Ralph Lauren), biotechnology (CK Life Sciences), chemicals, Chinese medical devices, perfumes and even the steel industry. The creation of a specific cross-border zone, in which Hong Kong companies could employ Chinese workers on the mainland, would undoubtedly increase the benefits of the EPA in this area. The EPA is a free trade agreement that gives Hong Kong products, businesses and residents preferential access to mainland China. Many of the preferences exceed the concessions made by China after its accession to the World Trade Organization. 2 With the exception of a series of these measures (opening in the telecommunications sector, issuing individual visas to tourists from parts of mainland China who visit Hong Kong …) implemented in the autumn of 2003, the agreement came into force on 1 January 2004. Both sides have pledged to continue negotiations for a further extension of the agreement.