China Free Trade Agreement New Zealand

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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. 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. Information on the rules of origin and the use of this agreement can be found in The Thailand Closer Economic Partnership Agreement (PDF 262 KB). More information about Thailand CEP can also be found on the MFAT website. 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).

The agreement was welcomed by a number of New Zealand exporters, including the Fonterra Dairy Cooperative and the New Zealand Seafood Industry Council, while others, such as device maker Fisher-Paykel, said the deal would lead to stiffer competition with cheaper Chinese products. [7] [9] The New Zealand Council of Trade Unions opposed the inclusion of labour in the trade agreement and stated that there was potential for a skilled Chinese workforce to be exploited and underpaid. [10] Singapore is also a party to the ASEAN-Australia Free Trade Agreement (AANZFTA), the Trans-Pacific Strategic Economic Partnership (P4) and the Trans-Pacific Trans-Pacific Partnership (PPAC). The rules of origin of the new ANZSCEP protocol contain the largest number of provisions facilitating trade in these agreements and incorporate them into the new CSR timetable as part of the protocol. On 7 April 2008, New Zealand and China signed a bilateral comprehensive free trade agreement. It was the first bilateral free trade agreement signed by Beijing with a so-called developed country. It came into force on October 1, 2008. The free trade agreement between New Zealand and China lasted more than three years.

On 19 November 2004, Helen Clark and the President of the People`s Republic of China, Hu Jintao, announced negotiations for a free trade agreement at the APEC Heads of State and Government Meeting in Santiago, Chile. The first round of negotiations took place in December 2004. Fifteen rounds took place before the signing of the free trade agreement in April 2008 by New Zealand Trade Minister Phil Goff and Chinese Trade Minister Chen Deming in the Great Hall of the People`s Hall in Beijing. [2] [6] As soon as it comes into force, 70% of customs positions will be duty-free for goods entering Taipei.

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