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Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Exports of Advanced Technology to Suriname
The United States has reported a significant rise in the export of advanced technology products, falling under HS Code categories described in statistical note 4, to Suriname. This includes ultra-modern machinery and electronic components.
2023-10-15
Impact: This surge is expected to strengthen bilateral trade ties and boost Suriname's technological capabilities, potentially increasing demand for U.S. high-tech products.
Suriname Seeks to Expand Import of Ultra-Advanced Equipment from U.S.
Suriname's government has expressed interest in increasing imports of ultra-advanced industrial equipment from the U.S. to support its growing infrastructure and mining sectors, focusing on items under HS Code statistical note 4.
2023-09-22
Impact: This could lead to a sustained increase in U.S. exports, fostering deeper economic cooperation and potential tariff negotiations.
Trade Agreement Discussions on Advanced Tech Between U.S. and Suriname
Recent talks between U.S. and Surinamese trade officials highlighted a mutual interest in facilitating trade of advanced technology products, specifically those classified under statistical note 4 of the HS Code, to support Suriname's development goals.
2023-08-30
Impact: If successful, these discussions could reduce trade barriers, increase export volumes, and enhance market access for U.S. firms in Suriname.
Policy Updates
U.S. Revises Export Controls for Advanced Technology to Suriname
The U.S. Department of Commerce has updated export control regulations for advanced technology products under HS Code categories (statistical note 4), easing certain restrictions for Suriname to encourage trade while maintaining security protocols.
Date: 2023-10-01
Suriname Introduces Tariff Reductions on Ultra-Advanced Imports
Suriname's Ministry of Trade has announced a temporary reduction in tariffs on ultra-advanced technology imports from the U.S., classified under specific HS Code provisions, to stimulate industrial growth and modernization.
