Applicable under CARICOM-US Trade Agreements if specific rules of origin are met and proper documentation is provided.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for HS Code 8501.31 (Output not exceeding 40 MW) Between US and Montserrat
Recent trade data indicates minimal activity for electrical motors and generators (output not exceeding 40 MW) under HS Code 8501.31 between the United States and Montserrat, with no significant transactions reported in the last quarter.
2023-10-15
Impact: Negligible impact on trade due to the small scale of economic interaction between the two regions for this specific product category.
US Export Restrictions Eased for Small-Scale Generators to Caribbean Nations
The US has relaxed export documentation requirements for small-scale electrical generators (HS Code 8501.31) to certain Caribbean nations, including Montserrat, to support regional energy development.
2023-08-22
Impact: Potential increase in US exports to Montserrat for this category, though overall volume remains low due to limited demand.
Montserrat Infrastructure Project May Boost Demand for US Generators
Montserrat's government announced a small-scale infrastructure project that could require electrical generators with an output not exceeding 40 MW, potentially sourced from the US under HS Code 8501.31.
2023-06-10
Impact: Slight positive impact on US exports to Montserrat, contingent on project funding and supplier selection.
Policy Updates
US-Caribbean Trade Facilitation Agreement Update
The US has updated trade facilitation terms under the Caribbean Basin Initiative, reducing tariffs on specific electrical machinery, including HS Code 8501.31, to support energy projects in smaller Caribbean economies like Montserrat.
