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Hong Kong market regulation

Clocks and Watches
From Hong Kong
To Armenia
377 views / 1 experts
Kerim A.
Jun 25, 2021

What kind of market regulation is there in Hong Kong?

1 answer

Jasmine G.
Jun 25, 2021

If we are speaking about the import market regulations then, Hong Kong has a 0% tariff on most goods, except for a few items such as beer, alcohol, tobacco, petroleum, and methanol. Import bans and control of permits done for items in the fields of health, security, environmental protection, and compliance with international obligations. Customs procedures are relatively simple, facilitating trade. Hong Kong is also a member of the WTO and APEC.

The Certificate of Origin (CO) is not a mandatory export document, required only for transactions that require customs formalities from the importing country or to satisfy the buyer’s request.

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