Updated at 7.14pm: Trade and Industry director-general Raymond Young Lap-moon on Thursday stressed the importance of the World Trade Organisation to Hong Kong?s future trade relationships. Mr Young was speaking at the WTO and Greater China Economic Area Law Conference organised by the City University of Hong Kong. 'For a place like Hong Kong where trade accounts for almost three times our gross domestic product, we certainly have a strong interest in liberalising global trade.? Mr Young said he did not see any other vehicle which could work as efficiently as the WTO in promoting and protecting Hong Kong?s trade interests. ?In the WTO, we are an equal among the major economic powers in voicing our trade concerns and putting forward suggestions on how these concerns should be addressed,? the director-general said. ?WTO also provides a level field for us to guard our trade interests against arbitrary and discriminatory trade actions by our trading partners,' Mr Young added.