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HONG KONG GIVES PHILIPPINES SANCTION WARNING

Hong Kong has threatened to impose unspecified economic sanctions on the Philippines if substantial progress is not made within a month in talks demanding the country's apology and compensation for a hostage tragedy three years ago.
Hong Kong is demanding a formal apology for the incident, which saw eight of its citizens killed and seven others wounded after negotiations broke down between Philippine authorities and a former police officer who hijacked a tour bus.
  • Speaking before a debate by legislators calling for sanctions against the Philippines on Tuesday, Leung Chun-ying, Hong Kong leader, urged the Philippine government for a "concrete and timely response".
  • "Unless, within a month, there are concrete steps taken to resolve this issue, the government will take necessary actions to apply sanctions," Leung said without going into specifics.
Hong Kong and the Philippines have close economic ties, from tourism to more than 100,000 Filipino domestic helpers working in Hong Kong, but tensions continue over the incident.
The tragedy happened in 2010 when a busload of Hong Kong tourists in Manila were taken hostage by disgruntled former policeman, Rolando Mendoza, who had just been dismissed.
Following a prolonged stand-off and negotiations, watched on live television by thousands in Hong Kong, the man opened fire 
after what the victims' families maintain was 
a bungled rescue effort.

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