Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin certification.
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Last updated: 1 year ago
News and Updates
Recent News
US Increases Imports of Heavy Machinery from Congo
The United States has seen a surge in imports of machinery with net engine power between 119.4 kW and 194 kW from Congo, driven by demand in the construction sector.
2023-10-15
Impact: This increase is likely to strengthen trade ties and boost bilateral economic cooperation, though it may face scrutiny under US tariff policies.
Congo Expands Export Capacity for Industrial Equipment to US
Congo has ramped up production and export capabilities for machinery under HS Code category (119.4 kW to 194 kW), targeting the US market amid growing infrastructure projects.
2023-09-22
Impact: Enhanced export capacity could lead to a more stable supply chain for the US, potentially reducing costs for American buyers if tariffs remain favorable.
Trade Talks Highlight Machinery Sector Between US and Congo
Recent trade discussions between US and Congolese officials emphasized the export of heavy machinery (119.4 kW to 194 kW), with both sides exploring ways to reduce trade barriers.
2023-08-30
Impact: Successful negotiations could lower tariffs or quotas, increasing trade volume and benefiting both economies in this specific machinery segment.
Policy Updates
US Reviews Tariff Rates on Congolese Machinery Imports
The US Trade Representative announced a review of tariff rates on specific machinery imports from Congo, including those with engine power between 119.4 kW and 194 kW, to assess compliance with trade agreements.
Date: 2023-10-05
Congo Introduces Export Incentives for Machinery Sector
The Congolese government has rolled out new export incentives for industrial machinery, including tax breaks for equipment with engine power in the 119.4 kW to 194 kW range, to encourage trade with partners like the US.
