Outward Processing Arrangement

Outward Processing Arrangement

The Outward Processing Arrangement (OPA) concerns the textile industry in Hong Kong and the People's Republic of China. It states that Hong Kong manufacturers can subcontract subsidiary and finishing processes to mainland factories, as long as the "major transformation" of the garment takes place in Hong Kong. Major transformation, however, only need to amount to 10% of cloth processing. Effective from 10 June 2005, Hong Kong manufacturers can apply to the Trade and Industry Department of Hong Kong for exemption of export duty in association with the processed garments as they are being exported from China.

External links



Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Mainland and Hong Kong Closer Economic Partnership Arrangement — Traditional Chinese 內地與香港關於建立更緊密經貿關係的安排 Simplified Chinese 内地与香港关于建立更紧密经贸关系的安排 …   Wikipedia

  • Multi Fibre Arrangement — The Multi Fibre Arrangement (MFA) governed the world trade in textiles and garments from 1974 through 2004, imposing quotas on the amount developing countries could export to developed countries. It expired on 1 January 2005. The MFA was… …   Wikipedia

  • iron processing — Introduction       use of a smelting process to turn the ore into a form from which products can be fashioned. Included in this article also is a discussion of the mining of iron and of its preparation for smelting.       Iron (Fe) is a… …   Universalium

  • Four Asian Tigers — A map showing the Four Asian Tigers  Hong Kong …   Wikipedia

  • Hong Kong Monetary Authority — Headquarters International Finance Centre …   Wikipedia

  • Coins of the Hong Kong dollar — Reverses of Hong Kong coins Old larger $1 until 1978 The Hong Kong coinage, including 10¢, 20¢, 50¢, $1, $2, $5 $10, is issued by Hong Kong Monetary Authority on behalf of the Government of Hong Kong. From …   Wikipedia

  • OPA — may refer to: Contents 1 Computer Science 2 German 3 Government 4 International agreements 5 Laws …   Wikipedia

  • Hong Kong Mint — (Chinese: 香港造幣廠) was a mint in Hong Kong existed from 1866 to 1868. It was located in Sugar Street, Hong Kong Island. A Mint Dam, on the slope of Mount Butler, was constructed to supply water to the mint. In early colonial Hong Kong, mixed… …   Wikipedia

  • List of companies of Hong Kong — This is an incomplete list of notable companies from Hong Kong. Economy of Hong Kong     Identity         Hong Kong Dollar           Banknotes        …   Wikipedia

  • Ting Hai effect — Traditional Chinese 丁蟹效應 Simplified Chinese 丁蟹效应 Transcripti …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”