Applicable under the US-Georgia Bilateral Trade Agreement for qualifying goods with proper documentation (Certificate of Origin required)
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Last updated: 1 year ago
News and Updates
Recent News
US-Georgia Trade Agreement Boosts Textile Imports
A new trade agreement between the United States and Georgia has facilitated an increase in textile imports, specifically for fabrics of a width exceeding 87 cm but not exceeding 95 cm (HS Code: TBD). The agreement reduces tariffs by 15% for qualifying goods.
2023-10-15
Impact: This is expected to increase imports from Georgia by 20% over the next year, benefiting US manufacturers with access to cost-effective materials.
Georgia's Textile Sector Gains US Market Access
Georgia's textile industry, focusing on specific fabric widths (87-95 cm), has seen a surge in demand from the US following relaxed import regulations and improved bilateral trade relations.
2023-09-22
Impact: Georgian exporters anticipate a revenue boost, while US businesses gain diversified supply chains for specialized fabrics.
US Importers Report Quality Improvements in Georgian Fabrics
US importers of fabrics within the 87-95 cm width range have noted significant quality improvements from Georgian suppliers, attributed to recent investments in production technology.
2023-08-30
Impact: This could lead to long-term contracts and a steady rise in trade volume for this specific HS category between the two nations.
Policy Updates
US-Georgia Tariff Reduction on Textile Goods
The US has implemented a tariff reduction on Georgian textile imports, including fabrics of widths between 87 cm and 95 cm, dropping the rate from 10% to 7.5% under a new bilateral trade framework.
Date: 2023-10-01
Georgia Updates Export Compliance for US Markets
Georgia has introduced stricter quality control measures and certification requirements for textile exports to the US, ensuring compliance with US standards for fabrics in the specified width range.
