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Hong Kong Proposes Lower Fees for Exports of Textiles to U.S.

The Department of Trade and Industry in Hong Kong has issued a notice to exporters for the U.S. market regarding the proposed revision of textiles-related fees, which is expected to be implemented on December 23, 2011. The HK Department states…

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that subject to the completion of the legislative process, the annual registration fee for the Textiles Trade Registration Scheme (TTRS) will drop to HK$ 349 (from HK$ 718). See notice for other proposed fee changes.