A new trade agreement between the United States and Namibia has facilitated an increase in exports of voltage and voltage-current regulators with cut-out relays (HS Code: 9032.89) from the US to Namibia, focusing on renewable energy projects.
2023-10-15
Impact: This agreement is expected to increase US exports by 15% in this category, supporting Namibia's growing energy sector and strengthening bilateral trade ties.
Namibia Imposes Quality Standards on Imported Voltage Regulators
Namibia has introduced stricter quality control measures for imported electrical components, including voltage regulators, affecting US exporters who must now comply with new certification requirements.
2023-09-22
Impact: US exporters may face delays and increased costs to meet Namibia's standards, potentially reducing short-term trade volume until compliance is achieved.
US Firm Secures Contract for Voltage Regulators in Namibian Grid Project
A major US-based electrical equipment manufacturer has won a contract to supply voltage and voltage-current regulators for Namibia's national grid modernization initiative.
2023-08-10
Impact: This contract is likely to boost US exports of these products to Namibia by approximately $2 million over the next year, fostering deeper trade relations.
Policy Updates
Namibia Updates Import Tariffs on Electrical Components
Namibia has revised its import tariff structure, reducing duties on voltage and voltage-current regulators (HS Code: 9032.89) by 5% to encourage imports for infrastructure development.
Date: 2023-09-01
US Extends Trade Facilitation Program with Namibia
The United States has extended a trade facilitation program under the African Growth and Opportunity Act (AGOA), providing duty-free access for certain Namibian imports while encouraging US exports of electrical equipment, including voltage regulators.
