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Offshore transshipment center will operate in Kaohsung Harbor in August

The Export Processing Zone Administration (EPZA) was notified by the Ministry of Finance to open companies at the offshore transshipment center in Kaohsiung Harbor to process mainland Chinese goods for exports. The plan is expected to become effective in August.

The move is a major step toward the establishment of direct transportation, trade and postal links across the Taiwan Strait. The Ministry of Transportation and Communications is also scheduled to discuss the three "mini direct links" for direct transport and commercial dealing between Taiwan's frontline islands and mainland China.

In order to make the process become simple, the Council for Economic Planning and Development suggestec that companies operating in the offshore transshipment center do not need to set up bonded factories.


Wednesday, July 10, 2000
Source: Taiwan Headlines

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