US-Malawi Trade Agreement Boosts Waste and Scrap Exports
A new bilateral trade agreement between the United States and Malawi has facilitated an increase in the export of waste, parings, and scrap materials (HS Code: II) from the US to Malawi, focusing on recycling initiatives.
2023-10-15
Impact: This agreement is expected to increase US exports of scrap materials to Malawi by 15% over the next year, supporting Malawi's recycling industry while providing a market for US waste products.
Malawi Imposes Quality Standards on Imported Scrap Materials
Malawi has introduced stricter quality control measures for imported waste and scrap materials from the US to ensure environmental safety and compliance with local regulations.
2023-09-22
Impact: US exporters may face higher compliance costs and delays in shipments, potentially reducing trade volume in the short term until standards are met.
US Increases Tariff Relief for Malawi on Semimanufactures
The US government has temporarily reduced tariffs on semimanufactured goods (HS Code: II) imported from Malawi as part of a broader initiative to support African economies under AGOA.
2023-08-10
Impact: This tariff relief is likely to boost Malawi's exports of semimanufactured goods to the US, strengthening trade ties and encouraging investment in Malawi's manufacturing sector.
