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08
04
2021

Australia Nz Free Trade Agreement

As soon as 70% of customs positions come into force will be duty-free for goods entering Taipei. Levies on the remaining lines will decrease over a 12-year period. Information on rules of origin for imports from Chinese Taipei and exports to Chinese Taipei is presented in fact sheet 48 (PDF 346 KB). 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 South Pacific Regional Trade and Economic Cooperation Agreement (SPARTECA) is a non-reciprocal trade agreement in which NZ (with Australia) provides preferential tariff treatment for certain products that are the production or production of Pacific Forum countries (known as the Forum Island Countries). For NZ products exported to an Island Country Forum, there is no preferential rate. A regional dialogue on the preparation of negative list plans, composed of some thirty trade negotiators… 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. AANZFTA is a free trade agreement between the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand. Free trade agreements (FTAs) support NZ distributors (exporters and importers) by improving access to partner markets and removing trade barriers (for example. (B) customs procedures) in these markets. For more information on rules of origin and agreement, visit Fact Sheet 8 (PDF 701 KB). 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.

In parallel with the AANZFTA negotiations, New Zealand has successfully concluded bilateral free trade agreements with Thailand (2005) and Malaysia (2010). More recently, New Zealand has also successfully finalized and ratified the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), which includes Vietnam, Singapore, Brunei Darussalam, Malaysia and Australia. AANZFTA has played an important role in the development of New Zealand trade in the ASEAN region. Since the advent of AANZFTA in 2010, two-way trade between New Zealand and ASEAN has increased by almost 30%, an increase of more than $6 billion.

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