If you are talking about europe then the answer is a definate NO at this time, it just simply isn 't recognised there.
I believe places that acept an ICAO type 2 licence wouldn't have a problem, Dubai for example you would have to sit an exam on legislation and the rest would be recognised for conversion.
When you think that the HKG system was set up by the UK CAA and is almost verbatum the same as EASA regs then it would be easy, but I can assure you it isn't.