Applicable under the African Growth and Opportunity Act (AGOA) if specific documentation and origin criteria are met.
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Last updated: 1 year ago
News and Updates
Recent News
US-Gabon Trade Agreement on Wire Products
The United States and Gabon have entered into a bilateral agreement to facilitate the export of wire with a maximum cross-sectional dimension of less than 1 mm (HS Code: [specific code not provided in query]) from Gabon to the US, aiming to meet rising demand in the electronics sector.
2023-10-15
Impact: This agreement is expected to increase Gabon's wire exports to the US by 15% over the next year, strengthening trade ties and supporting Gabon's industrial sector.
Gabon Increases Wire Production Capacity for US Market
Gabon has invested in new manufacturing facilities to boost production of fine wire products under HS Code [specific code not provided], targeting the US market due to high demand in technology and automotive industries.
2023-09-20
Impact: This development could lead to a 10% rise in US imports of wire from Gabon, potentially lowering costs for US manufacturers.
US Importers Report Quality Improvements in Gabonese Wire
US importers have noted significant improvements in the quality of wire (cross-sectional dimension <1 mm) imported from Gabon, attributed to enhanced production standards and technology adoption.
2023-08-05
Impact: Improved quality may result in higher demand for Gabonese wire in the US, fostering long-term trade partnerships.
Policy Updates
US Tariff Reduction on Gabonese Wire Imports
The US has announced a temporary reduction in tariffs on wire products with a maximum cross-sectional dimension of less than 1 mm (HS Code: [specific code not provided]) imported from Gabon under the African Growth and Opportunity Act (AGOA), effective from September 2023 to encourage trade.
