Applicable under the Pacific Island Countries Trade Agreement (PICTA) if criteria for origin are met.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Import Quotas for Kiribati Timber Products
The United States has announced an increase in import quotas for rough or cut timber (HS Code: 4403) from Kiribati, aiming to strengthen trade ties with Pacific Island nations.
2023-10-15
Impact: This is expected to boost Kiribati's timber exports to the U.S., potentially increasing revenue for local producers while meeting U.S. demand for raw materials.
Kiribati Faces U.S. Tariff Adjustments on Wood Products
The U.S. has adjusted tariffs on certain wood products under HS Code 4403 from Kiribati as part of a broader review of trade agreements with small island economies.
2023-09-20
Impact: The tariff adjustment may slightly raise costs for Kiribati exporters, potentially reducing competitiveness in the U.S. market unless offset by demand.
U.S.-Kiribati Trade Talks Highlight Timber Sector
Recent bilateral trade discussions between the U.S. and Kiribati emphasized sustainable timber trade under HS Code 4403, with a focus on environmental compliance.
2023-08-05
Impact: This could lead to stricter certification requirements for Kiribati timber, potentially affecting export volumes but ensuring long-term market access.
Policy Updates
U.S. Updates Import Regulations for Timber from Kiribati
The U.S. Department of Commerce introduced new documentation requirements for timber imports (HS Code: 4403) from Kiribati to ensure compliance with sustainability standards.
Date: 2023-10-01
Kiribati Joins Pacific Trade Agreement with U.S. Oversight
Kiribati has signed onto a regional trade agreement that includes U.S. provisions for reduced tariffs on raw materials like timber, pending environmental audits.
