Hong Kong Issues Notice on Strategic Commodity License

Hong Kong’s Trade and Industry Department issued a notice Sept. 29 reminding companies of its license for traders who “frequently” import or export “strategic commodities of relatively less sensitivity.” The “Approval-in-Principle Arrangement for Bulk Users of Strategic Commodities Licensing Service” streamlines and expedites processing of license applications, the agency said. The notice outlines the application process, conditions for approval and which items are eligible for the license.