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Ministry of Economic Affairs,R.O.C.

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2021-10-27 16:20
Bureau of Foreign Trade, Ministry of Economic Affairs

BOFT Holds Seminar on Applications for SHTC Export Licenses

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BOFT Holds Seminar on Applications for SHTC Export Licenses
To help companies correctly apply for an export license for strategic high-tech commodities (SHTC), the Bureau of Foreign Trade (BOFT) held a seminar on October 22, 2021, and over 200 people attended. Information was provided on common mistakes made by companies while applying for SHTC export licenses, which inspired enthusiastic discussions among participants.

The seminar demonstrated interface operations to companies, and also identified common application errors, such as wrong declaration of transaction partner's name, negligence to attach transaction documents (e.g., contracts). The BOFT also reminded companies to conduct due diligence prior to engaging in transactions to prevent commodities used in illegal end-use.