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Hong Kong Companies' Offices in Taiwan Placed Under Us Regulatory Scrutiny; Ministry of Economic Affairs Launches Urgent Investigation | u.s. Department of Commerce | Ministry of Economic Affairs
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The U.S. Department of Commerce has added 32 entities to its export blacklist, including one from Taiwan. The Ministry of Economic Affairs (MOEA) stated on the 14th that the company, a representative office established by a Hong Kong company in Taiwan, lacks import and export qualifications. The MOEA will further verify whether its actual business operations are consistent with its initial application and urges businesses to conduct due diligenc…
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