Applicable under the U.S.-Armenia Bilateral Trade Agreement for specific components listed in additional U.S. note 4, subject to documentation and origin verification.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Armenia Trade Agreement Update on HS Code Components
A recent bilateral discussion between the U.S. and Armenia addressed tariff classifications under HS Code components enumerated in Additional U.S. Note 4. Both nations aim to streamline customs processes for these goods.
October 15, 2023
Impact: This could reduce delays and costs for exporters and importers dealing with specified components, potentially increasing trade volume.
New Tariff Quotas Announced for Armenian Imports to U.S.
The U.S. Trade Representative's office introduced temporary tariff quotas for certain Armenian goods under Additional U.S. Note 4 to facilitate market access while protecting domestic industries.
September 20, 2023
Impact: Armenian exporters may benefit from reduced tariffs up to a specified quota, fostering trade growth in niche sectors.
U.S. Customs Clarifies Documentation for Armenian Imports
U.S. Customs and Border Protection issued a notice clarifying documentation requirements for goods under HS Code components in Additional U.S. Note 4 from Armenia to prevent misclassification.
August 5, 2023
Impact: This clarification may reduce compliance issues and disputes, ensuring smoother trade flows between the two countries.
Policy Updates
Revised Tariff Classifications under Additional U.S. Note 4
The U.S. International Trade Commission updated the tariff classifications and eligibility criteria for goods under Additional U.S. Note 4, affecting certain imports from Armenia. The update aims to align with international standards.
Date: October 1, 2023
Temporary Duty-Free Access for Armenian Goods
A temporary policy grants duty-free access for specific Armenian products under Additional U.S. Note 4 as part of a broader trade promotion initiative, valid until December 31, 2023.
