Applicable to goods meeting origin requirements under MERCOSUR rules; must be accompanied by a certificate of origin.
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Uruguay Trade Agreement Update on HS Code Provisions
Recent discussions between the U.S. and Uruguay have focused on clarifying the application of Additional U.S. Note 5 provisions under specific HS Codes, aiming to streamline agricultural product imports.
2023-10-15
Impact: This could reduce tariffs and administrative barriers, potentially increasing Uruguay's agricultural exports to the U.S. by 10% over the next year.
Uruguay Beef Exports Benefit from U.S. Tariff Quota Adjustments
Uruguay has secured a larger share of the U.S. beef import quota under HS Code provisions described in Additional U.S. Note 5, enhancing market access for its producers.
2023-09-20
Impact: This adjustment is expected to boost Uruguay's beef exports to the U.S. by $50 million annually, strengthening bilateral trade ties.
U.S. Trade Representative Reviews Uruguay’s Compliance with HS Code Rules
The U.S. Trade Representative conducted a review of Uruguay’s adherence to trade rules under Additional U.S. Note 5, ensuring fair application of tariff-rate quotas for specific goods.
2023-08-05
Impact: Pending results may lead to stricter enforcement or renegotiation of quotas, potentially affecting Uruguay’s export volumes in the short term.
Policy Updates
Amendment to Additional U.S. Note 5 Provisions
The U.S. has updated the guidelines for tariff-rate quotas under Additional U.S. Note 5, impacting specific HS Codes for Uruguay. The amendment aims to provide clearer eligibility criteria for quota allocations.
Date: 2023-09-01
U.S.-Uruguay Bilateral Trade Consultation
A bilateral consultation was held to address the implementation of Additional U.S. Note 5 provisions, focusing on transparency and compliance for goods entering under specific HS Codes.
