Free Trade Agreements Of New Zealand

Austrade has detailed information on activities in New Zealand and in ASEAN countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The Enhanced Economic Partnership Agreement between New Zealand and Hong Kong,China (NZ-HKC CEP) was signed on 29 March 2010 in Hong Kong and came into force on 1 January 2011. The agreement allows products exported from Hong Kong, China, to receive preferential tariff treatment upon importation into the NZ. Currently, all those who are imported into Hong Kong, China, are duty free, regardless of their origin. The agreement ensures that in the future, New Zealand goods imported into Hong Kong will remain duty-free in China. Revised rules of origin for trans-Tasman trade came into effect on September 1, 2011. For more information on the rules of origin for ANCERTA and general instructions for using the agreement, see fact sheet 20 (PDF 268 KB). More information can also be found on the MFAT website. New Zealand is a party to several free trade agreements (FAs) around the world. The Trans-Pacific Strategic Economic Partnership is the first free trade agreement between Asia, the Pacific and America. The Department of Foreign Affairs and Trade (MFAT) is leading negotiations on the New Zealand Free Trade Agreement.

It maintains an index of documents on trade agreements concluded and negotiated. Some trade agreements have provisions for trade mitigation measures. NZ also has bilateral trade agreements with Malaysia, Australia and Thailand. Distributors should consider the agreement that is most beneficial to their imported/exported products. New Zealand negotiates bilateral and multilateral free trade agreements with the following blocs and countries: The NZ-Malaysia Free Trade Agreement includes trade in goods and services as well as investments in one of our fastest growing export markets. The goods can be shipped by a non-party party to the agreement and maintain preference. However, goods must not enter the trade or trade of a party or be subject to certain operations other than unloading, transshipment, deconditioning and other procedures necessary to keep the goods in good condition while they are being transported by that party. The ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) is a regional trade agreement, including the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand. AANZFTA came into force in 2010 for Australia, New Zealand, Brunei, Myanmar, Malaysia, the Philippines, Singapore, Thailand and Vietnam and came into force in 2011 for Laos and Cambodia and in 2012 for Indonesia. Trade agreements and closer economic partnerships are an important part of New Zealand`s international trade policy. We are using closer trade agreements and economic partnerships to liberalize trade.

The Trans-Pacific Strategic Economic Partnership Agreement (P4) is an agreement between Brunei Darussalam, Chile, Singapore and NZ. The P4 agreement, which represents “Pacific 4,” came into force in 2006. Under P4, most tariffs on goods traded between Member States were immediately abolished, with the remaining tariffs expiring (until 2015 for Brunei Darussalam and 2017 for Chile). A guide to New Zealand`s free trade agreement with ASEAN and Australia and AANZFTA updates. The New Zealand Free Trade Agreement (NZCFTA) came into force on 1 October 2008. NZ was the first OECD country to sign a comprehensive free trade agreement with China. We are consulting with the Maori on free trade agreements. MFAT is leading negotiations on New Zealand`s Free Trade Agreement (FTA). Free trade agreements open up market opportunities, streamline processes, reduce costs and create more security and security for companies operating abroad. They help New Zealand businesses become more competitive