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Last updated: 1 year ago
News and Updates
Recent News
US-Azerbaijan Trade Agreement on HS Code Commodities
The United States and Azerbaijan have finalized a trade agreement focusing on commodities under specific HS Codes, aiming to streamline quantitative limits and enhance bilateral trade.
2023-10-15
Impact: This agreement is expected to increase the export volume of specified goods from Azerbaijan to the US, potentially benefiting sectors like energy and agriculture, while ensuring compliance with quantitative restrictions.
New Quantitative Limits Imposed on HS Code Goods from Azerbaijan
The US Department of Commerce announced updated quantitative limits on certain HS Code categories for imports from Azerbaijan, citing market protection measures.
2023-09-20
Impact: These limits may restrict the inflow of specific Azerbaijani goods into the US market, potentially affecting exporters and prompting a shift to alternative markets.
Azerbaijan Seeks Review of US Trade Limits on HS Code Items
Azerbaijani trade officials have requested a review of the quantitative limits imposed by the US on specific HS Code goods, arguing for more favorable terms to boost trade.
2023-08-05
Impact: If successful, this review could lead to relaxed restrictions, fostering increased trade flows and strengthening economic ties between the two nations.
Policy Updates
Update to US Import Quotas for Azerbaijani Goods (HS Code Specific)
The US has revised import quotas under specific HS Codes for goods from Azerbaijan as part of its annual trade policy review, adjusting quantitative limits to balance domestic market needs and international commitments.
