Applicable under the United States-Fiji Trade Agreement for specific magnesium articles meeting rules of origin criteria.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US-Fiji Trade Agreement Boosts Magnesium Exports
A new bilateral trade agreement between the United States and Fiji has facilitated increased exports of magnesium and related articles from the US to Fiji, focusing on industrial applications.
2023-10-15
Impact: This agreement is expected to increase US magnesium exports to Fiji by 15% over the next year, strengthening trade ties.
Fiji Imposes Temporary Restrictions on Magnesium Scrap Imports
Fiji has introduced temporary restrictions on magnesium waste and scrap imports from the US to address environmental concerns related to recycling processes.
2023-09-20
Impact: US exporters of magnesium scrap may face reduced demand from Fiji, potentially redirecting shipments to other Pacific markets.
US Magnesium Suppliers Eye Fiji as Emerging Market
Several US-based magnesium suppliers have identified Fiji as a growing market for magnesium articles, driven by demand in construction and manufacturing sectors.
2023-08-05
Impact: This trend could lead to a steady rise in magnesium trade volume between the two countries, fostering long-term partnerships.
Policy Updates
Fiji Updates Import Tariffs on Magnesium Products
Fiji has revised its import tariff structure for magnesium and articles thereof (HS Code 8104), reducing duties by 5% to encourage industrial imports while maintaining environmental checks on waste and scrap.
Date: 2023-09-01
US Introduces Export Monitoring for Magnesium to Fiji
The US Department of Commerce has implemented new monitoring mechanisms for magnesium exports to Fiji under HS Code 8104 to ensure compliance with international trade standards and prevent over-exportation.
