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Mongolia Trade Act: Duty-Free Imports for Cashmere and Textiles.

This Act aims to strengthen trade relations with Mongolia by authorizing duty-free treatment for specific imports, primarily cashmere and textile products, into the United States. This measure is intended to facilitate increased direct trade with Mongolia and support the development of value-added cashmere processing in the country. The implementation of these preferences is conditional upon Mongolia meeting specific eligibility requirements and effectively enforcing environmental laws.
Key points
Duty-Free Access: The President may grant duty-free treatment for certain Mongolian products imported into the US, including textile and apparel articles containing at least 23% cashmere.
Support for Cashmere Industry: The goal is to support Mongolia's industry, which currently exports raw cashmere mainly to China, helping to create jobs, especially for women, and alleviate rural poverty.
Environmental and Legal Requirements: To qualify for preferences, Mongolia must meet eligibility requirements defined in US trade acts and effectively enforce environmental laws.
Expiration Date: The duty-free treatment is set to expire on December 31, 2029.
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Additional Information
Print number: 118_HR_6539
Sponsor: Rep. Titus, Dina [D-NV-1]
Process start date: 2023-11-30
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OFFICIAL LEGAL TITLE

Mongolia Third Neighbor Trade Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6539.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-11-30.

What are the main provisions?

Key points include:

  • Duty-Free Access: The President may grant duty-free treatment for certain Mongolian products imported into the US, including textile and apparel articles containing at least 23% cashmere.
  • Support for Cashmere Industry: The goal is to support Mongolia's industry, which currently exports raw cashmere mainly to China, helping to create jobs, especially for women, and alleviate rural poverty.
  • Environmental and Legal Requirements: To qualify for preferences, Mongolia must meet eligibility requirements defined in US trade acts and effectively enforce environmental laws.
  • Expiration Date: The duty-free treatment is set to expire on December 31, 2029.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Titus, Dina [D-NV-1].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Trade.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Economy Agriculture