A bilateral trade agreement signed between the U.S. and Kiribati includes provisions to facilitate clover seed exports with reduced tariffs.
2023-07-20
Impact: Lower tariffs are expected to increase U.S. clover seed shipments to Kiribati, benefiting American farmers.
Policy Updates
Kiribati Updates Import Tariffs on Agricultural Seeds
Kiribati revised its tariff structure for agricultural seeds, including clover seeds (HS Code: 1209.22), reducing rates by 5% to promote imports under specific development programs.
Date: 2023-09-10
U.S. Department of Agriculture Expands Export Support for Clover Seeds
The USDA announced a new subsidy program to support U.S. clover seed exporters targeting small Pacific markets like Kiribati, covering up to 10% of shipping costs.
