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The Import and Export (Strategic Commodities) Regulations (Amendment of Schedule 1) Order 2015 will come into operation on April 20, 2015 (Monday).
A spokesperson for the Trade and Industry Department (TID) said, "The current exercise updates Hong Kong's Strategic Commodities Control List to reflect the changes to the control lists of strategic commodities adopted by some international non-proliferation regimes which have come into effect since the last amendment of Schedule 1 in 2013.
"Hong Kong has been closely following the control thresholds adopted by the international non-proliferation regimes. This is to ensure that we would always be upholding controls consistent with the international standards, whilst relieving traders from licensing requirements when the international standards are relaxed," the spokesperson added.
Pursuant to Hong Kong Laws, the import and export of strategic commodities is subject to licensing control by the Director-General of Trade and Industry. "Such control helps maintain the confidence of technology-supplying countries in our control system, thereby ensuring Hong Kong's continued access to high technology," the spokesperson explained.
Enquiries can be made to the Strategic Trade Controls Branch of the TID by telephone at 2398 5587 or by email at stc@tid.gov.hk.
The TID will also inform traders of the details of the amendments through circular and general advisory service.
Ends/Friday, April 17, 2015
Issued at HKT 11:31
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