A new bilateral trade agreement between the United States and Kyrgyzstan has facilitated an increase in the export of printed circuit assemblies for ATMs (HS Code 8472.90.10) from the US to Kyrgyzstan, with a reported 20% rise in shipments this quarter.
2023-10-15
Impact: This agreement is expected to strengthen trade ties, potentially increasing demand for US-made ATM components in Kyrgyzstan and fostering long-term partnerships.
Kyrgyzstan Increases Import of US ATM Assemblies Amid Banking Expansion
Kyrgyzstan's banking sector growth has led to a surge in imports of printed circuit assemblies for ATMs from the US, with trade data showing a 15% increase in volume over the past six months under HS Code 8472.90.10.
2023-09-05
Impact: The growing banking infrastructure in Kyrgyzstan could create a steady market for US exporters, though supply chain disruptions may pose risks.
Supply Chain Challenges Impact US ATM Component Exports to Kyrgyzstan
Recent global supply chain bottlenecks have delayed shipments of printed circuit assemblies for ATMs (HS Code 8472.90.10) from the US to Kyrgyzstan, affecting delivery timelines for key banking projects.
2023-08-20
Impact: Delays may temporarily reduce trade volume and strain business relationships, though resolution of logistical issues could restore normalcy.
Policy Updates
US-Kyrgyzstan Tariff Reduction on Electronic Components
The US and Kyrgyzstan have agreed to reduce tariffs on electronic components, including printed circuit assemblies for ATMs under HS Code 8472.90.10, by 5% to encourage technology trade and support Kyrgyzstan's financial sector modernization.
Date: 2023-10-01
Kyrgyzstan Updates Import Regulations for ATM Components
Kyrgyzstan has implemented stricter quality control standards for imported ATM components, including those under HS Code 8472.90.10, requiring additional certification for US exporters to ensure compliance with local safety and technical standards.
