Applicable under the Pacific Islands Trade Agreement if accompanied by a Certificate of Origin.
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Last updated: 1 year ago
News and Updates
Recent News
US-Cook Islands Trade Agreement on Electrical Components
A new bilateral trade agreement has been signed between the United States and the Cook Islands, facilitating the export of electrical components designed for a voltage of 12 V to 14 V (HS Code: 8536.90). This agreement aims to reduce tariffs and streamline customs processes.
2023-10-15
Impact: This agreement is expected to boost exports from the US to the Cook Islands, potentially increasing trade volume for these specific electrical components by 15% over the next year.
Cook Islands Increases Demand for US-Made Voltage Components
Recent reports indicate a surge in demand for US-manufactured electrical components (12 V to 14 V range) in the Cook Islands due to infrastructure development projects in renewable energy.
2023-09-22
Impact: US exporters may see a short-term spike in orders, though supply chain constraints could limit immediate benefits unless production capacity is scaled up.
Shipping delays due to port congestion in the Pacific have affected the timely delivery of electrical components (HS Code: 8536.90) from the US to the Cook Islands, causing temporary trade disruptions.
2023-08-30
Impact: Trade flows for these products may face delays, potentially increasing costs for US exporters and Cook Islands importers until logistics issues are resolved.
Policy Updates
US-Cook Islands Tariff Reduction on Electrical Goods
The US and Cook Islands have agreed to reduce tariffs by 5% on electrical components designed for 12 V to 14 V (HS Code: 8536.90) as part of a broader trade enhancement initiative. This policy will be effective from November 1, 2023.
