A new bilateral trade agreement between the United States and Angola has reduced tariffs on perhalogenated compounds (HS Code: 2903.77), specifically those with fluorine and chlorine, facilitating increased exports from the US to Angola.
2023-10-15
Impact: This agreement is expected to increase US exports of perhalogenated compounds to Angola by 15% over the next year, strengthening trade ties.
Angola Increases Demand for US Perhalogenated Chemicals
Angola's growing industrial sector has led to a surge in demand for perhalogenated compounds with fluorine and chlorine, with the US being a primary supplier under HS Code 2903.77.
2023-09-22
Impact: US exporters are likely to see a 10% rise in demand from Angola, creating new market opportunities despite logistical challenges.
US Imposes Quality Standards on Perhalogenated Exports to Angola
The US Department of Commerce introduced stricter quality control measures for perhalogenated compounds (HS Code: 2903.77) exported to Angola to ensure compliance with international safety standards.
2023-08-05
Impact: While this may temporarily slow export volumes due to additional compliance costs, it is expected to build long-term trust in US products in the Angolan market.
Policy Updates
US-Angola Tariff Reduction on Perhalogenated Compounds
A new policy under the US-Angola trade framework reduces tariffs by 5% on perhalogenated compounds with fluorine and chlorine (HS Code: 2903.77), effective immediately, to encourage bilateral trade.
Date: 2023-10-10
Angola Updates Import Regulations for Chemical Compounds
Angola's Ministry of Trade has updated import regulations, requiring detailed documentation for perhalogenated compounds (HS Code: 2903.77) to ensure environmental and safety compliance.
