A new trade agreement between the United States and Mongolia has facilitated the export of aeronautical navigation instruments, with a focus on enhancing Mongolia's airspace management capabilities.
2023-10-15
Impact: This agreement is expected to increase US exports of HS Code 9014.20 instruments to Mongolia by 15% over the next year, strengthening bilateral trade ties.
Mongolia Invests in US-Made Space Navigation Tools for National Projects
Mongolia's government has signed a deal to procure advanced space navigation appliances from US manufacturers to support its emerging space research initiatives.
2023-09-22
Impact: The deal is likely to create a steady demand for US-made navigation equipment under HS Code 9014.20, potentially opening new market opportunities for American firms.
US Tech Firm Partners with Mongolian Aviation Authority for Navigation Solutions
A leading US technology company has entered into a partnership with the Mongolian Civil Aviation Authority to supply cutting-edge aeronautical navigation instruments.
2023-08-05
Impact: This partnership is anticipated to enhance Mongolia's aviation infrastructure while boosting US exports in this niche sector, fostering long-term trade collaboration.
Policy Updates
US Revises Export Controls on Aeronautical Navigation Equipment
The US Department of Commerce has updated export control regulations for aeronautical and space navigation instruments (HS Code 9014.20), easing restrictions for allied nations including Mongolia to promote technology sharing.
Date: 2023-07-10
Mongolia Reduces Import Tariffs on Navigation Instruments
Mongolia has announced a reduction in import tariffs on aeronautical and space navigation equipment (HS Code 9014.20) from 10% to 5%, aiming to modernize its aviation and space sectors with foreign technology.
