Termination of Netherlands Antilles as a Political Entity Affects Trade Quotas
The dissolution of the Netherlands Antilles as a political entity on October 10, 2010, led to the restructuring of trade agreements and quotas previously in place with the United States under HS Code provisions for an aggregate quantity not to exceed 730 metric tons annually.
October 10, 2010
Impact: Trade quotas and tariff preferences tied to the Netherlands Antilles are no longer applicable, requiring U.S. importers to adjust to new trade frameworks with successor entities like Curaçao and Sint Maarten.
U.S. Trade Agreements Transition Post-Netherlands Antilles Dissolution
Following the dissolution of the Netherlands Antilles, the U.S. Customs and Border Protection issued guidance on transitioning trade quotas and tariff classifications previously allocated under the 730 metric ton limit for specific goods.
November 15, 2010
Impact: Importers face potential disruptions and need to reclassify goods under new country codes for successor states, affecting compliance and costs.
Historical Trade Data for Netherlands Antilles Quotas Released
The U.S. International Trade Commission published historical data on trade with the Netherlands Antilles under specific HS Codes, noting the expiration of the 730 metric ton annual quota due to the region's political restructuring.
January 20, 2011
Impact: Provides clarity for businesses on past trade patterns but confirms that no further allocations under this quota will be made, pushing reliance on new trade agreements.