US-Papua New Guinea Trade Agreement Boosts Cutlery Exports
A recent bilateral trade agreement between the United States and Papua New Guinea has reduced tariffs on sets of knives, forks, spoons, and ladles (HS Code: 8215.20), leading to a 15% increase in US exports to Papua New Guinea in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs and increased market access in Papua New Guinea.
Papua New Guinea Implements Quality Standards for Imported Cutlery Sets
Papua New Guinea introduced new quality control measures for imported cutlery sets under HS Code 8215.20, requiring stricter compliance with safety and material standards, affecting US shipments.
2023-09-01
Impact: Potential delays and increased compliance costs for US exporters to meet new standards.
US Cutlery Manufacturers Eye Papua New Guinea as Emerging Market
US cutlery manufacturers are exploring Papua New Guinea as a growing market for sets of knives, forks, spoons, and ladles, driven by rising demand in the hospitality sector.
2023-07-20
Impact: Potential growth in trade volume as US companies target Papua New Guinea's expanding market.
