Applicable under the U.S.-Mongolia Bilateral Trade Agreement for specific goods meeting origin requirements and quantitative limits as per U.S. note 4(b)(1).
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Last updated: 1 year ago
News and Updates
Recent News
U.S. and Mongolia Discuss Trade Expansion Under Quantitative Limits
A recent bilateral meeting between U.S. and Mongolian trade officials focused on expanding trade within the quantitative limits specified in U.S. note 4(b)(1) for certain textile and apparel products under HS Code classifications.
2023-10-15
Impact: This could lead to an increase in Mongolian exports to the U.S. within the specified quotas, strengthening economic ties, particularly in the textile sector.
Mongolia Seeks Adjustment in U.S. Quantitative Limits for Wool Products
Mongolian trade representatives have requested a review of the quantitative limits under U.S. note 4(b)(1) to allow greater export volumes of wool and related products to the U.S. market.
2023-09-22
Impact: If approved, this could boost Mongolia’s wool exports, though it may face opposition from U.S. domestic producers concerned about market competition.
U.S. Imposes Stricter Monitoring on Mongolian Imports Under Quantitative Limits
The U.S. Customs and Border Protection announced enhanced monitoring of imports from Mongolia under the quantitative limits of U.S. note 4(b)(1) to ensure compliance with trade agreements.
2023-08-30
Impact: This may slow down import processing times for Mongolian goods, potentially affecting trade flow and increasing costs for exporters.
Policy Updates
U.S. Renews Quantitative Limits for Mongolian Textile Imports
The U.S. Trade Representative’s office has renewed the quantitative limits under U.S. note 4(b)(1) for specific textile and apparel imports from Mongolia, maintaining the existing caps for another year.
