For further questions regarding free trade agreements, send an email export2fta@customs.govt.nz – we will endeavor to respond to emails within 48 hours. Goods may be carried by a non-Party to the Agreement and may maintain preference. However, the goods may not enter the trade or industry of a third party or undergo certain operations other than unloading, transhipment, repackaging and other procedures necessary to keep the goods in good condition during transport by that third party. Thailand is also a party to the AANZFTA agreement. Distributors should determine which agreement is best for their imported/exported products. On 27 February 2009, New Zealand and its close partner, Australia, signed a free trade agreement with the 10-nation ASEAN regional bloc. It is estimated that a free trade agreement with ASEAN would increase overall GDP in the 12 countries by more than $48 billion over the period 2000-2020, with an additional $3.4 billion for New Zealand alone. [3] [4] New Zealand is a party to several free trade agreements around the world. Further information on the rules of origin and the agreement can be found in FactSheet 8 (PDF 701 KB).
AANZFTA is Australia`s first multi-country free trade agreement. This is the first time that Australia and New Zealand have jointly participated in negotiations for a free trade agreement with third countries. This is the first time asean has begun negotiations on a free trade agreement covering all sectors, including goods, services, investment and intellectual property. This makes it the most comprehensive trade agreement ever negotiated by ASEAN. Chronology: The CER replaced New Zealand`s 1965 Free Trade Agreement (NAFTA). Talks began in the late 1970s and a new agreement was reached in December 1982. The Régie came into force in January 1983. The CER built on New Zealand`s previous Free Trade Agreement (NAFTA), which was signed on August 31, 1965 and entered into force on January 1, 1966. NAFTA had lifted four-fifths of tariffs between the two countries and quantitative restrictions on trade across the Tasman Sea.
However, it was seen as too complex and bureaucratic, and in March 1980 a joint statement by the prime minister was issued calling for “closer economic relations”. The Regional Comprehensive Economic Partnership (RCEP) enters into force on 1 January and establishes common rules for trade in goods and services, intellectual property, electronic commerce and competition. The ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) is a regional trade agreement that includes the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand. AANZFTA entered into force in 2010 for Australia, New Zealand, Brunei, Myanmar, Malaysia, the Philippines, Singapore, Thailand and Vietnam and entered into force for Laos and Cambodia in 2011 and for Indonesia in 2012. Singapore is also a party to the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), the Trans-Pacific Strategic Economic Partnership (P4e) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The rules of origin provisions of the new ANZSCEP Protocol adopt most of the trade facilitation rules applicable to these agreements and include them in the new list of PSRs under the Protocol. The 1988 CER Protocol on Trade in Services (external link) allowed free trade in almost all services and gave New Zealand and Australian service suppliers extensive access to the respective markets. The Protocol contains certain exclusions (areas where full access is not granted) that have been regularly reviewed and significantly reduced over time.
The agreement is the largest trade pact in the world and represents about 30% of the world`s population and gross domestic product. The Trans-Pacific Strategic Economic Partnership (P4) agreement is an agreement between Brunei Darussalam, Chile, Singapore and New Zealand. The P4 agreement, which stands for “Pacific 4”, entered into force in 2006. Under P4, most tariffs on goods traded between member countries were lifted immediately, with the remaining duties expiring (until 2015 for Brunei Darussalam and 2017 for Chile). The Free Trade Agreement between Zeeland and Malaysia (MNZFTA) was signed in Kuala Lumpur on 26 October 2009 and entered into force on 1 August 2010. Malaysia is also a party to the ASEAN-Australia-New Zealand Free Trade Area Agreement (AANZFTA). Traders should determine which agreement offers the greatest benefit to their imported/exported products. Free Trade Agreements (FTAs) support New Zealand traders (exporters and importers) by improving access to partner markets and removing barriers to trade (such as customs procedures) in these markets. Preferential tariffs will be extended by Australia and New Zealand to their respective products or manufactured goods in accordance with the rules of origin provisions of the Australia-New Zealand Agreement on Closer Economic Relations (ANZCERTA). The importer may choose the form of proof of origin that he requires from the exporter or manufacturer, provided that it contains all the necessary information. A handy template is available for merchants if they wish.
The Generalized System of Preferences (GSP) is an international system of preferential tariffs designed to promote economic growth in developing countries. Under the Generalized System of Preferences, New Zealand grants special treatment to certain products recognized as least developed countries (LDCs) or least developed countries (LDCs). The new Austrade experience gives you access to on-demand services to take the next step in your export journey and move forward faster. New Zealand has a second free trade agreement with Australia – AANZFTA – between New Zealand, Australia and the Association of Southeast Asian Nations (ASEAN). In most cases, it is preferable to use the CER to export goods to Australia. New Zealand`s economy is a market economy heavily dependent on international trade, mainly with Australia, the United States of America, China and Japan. It is heavily dependent on tourism and agricultural exports and has only small manufacturing and high-tech components. Economic market reforms in recent decades have removed many barriers to foreign investment, and the World Bank has hailed New Zealand as the world`s most business-friendly country.
[1] Regional and bilateral free trade agreements have become an important part of New Zealand`s trade policy. New Zealand has used free trade agreements, also known as closer economic partnerships, to liberalize trade between economies. A closer Economic Partnership Agreement with Thailand was negotiated in 2004 and implemented in 2005. Negotiations on a free trade agreement with Chile, Brunei and Singapore, known as the Trans-Pacific Strategic Economic Partnership, were concluded in 2005. Negotiations on other agreements with Malaysia began in 2006 but could not be concluded. The historic free trade agreement with China was signed in Beijing in April 2008. [2] Austrade has detailed information on how to do business in New Zealand and ASEAN countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. For most goods, goods originating in New Zealand under this Agreement need not be accompanied by a certificate of origin issued by a certification body. “Businesses will be able to take advantage of RCEP opportunities from early next year,” Phil Twyford, New Zealand`s Minister of State for Trade and Export Growth, said in a statement. All goods that comply with the CER`s rules of origin can be traded duty-free between New Zealand and Australia.
On 1 September 2011, revised rules of origin for trans-Tasman trade entered into force. Information on ANZCERTA`s rules of origin and general guidelines on the use of the agreement can be found in Fact Sheet 20 (PDF 268 KB). More information is also available on the MFAT website. The CER`s 2013 Investment Protocol is an ambitious investment agreement that maintains the CER`s status as one of the most comprehensive free trade agreements in the world. The protocol reduces compliance costs and creates greater legal certainty for cross-Channel investors by providing higher thresholds for foreign investment screening. The ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) is an agreement that encompasses one of the world`s most dynamic economic regions. The Closer Economic Partnership Agreement between New Zealand, Hong Kong and China (CEP NZ-HKC) was signed in Hong Kong on 29 March 2010 and entered into force on 1 January 2011. The agreement allows originating products exported from Hong Kong, China, to benefit from preferential tariff treatment when imported into New Zealand. Currently, all goods imported into Hong Kong, China, regardless of their origin, are duty-free. The agreement ensures that New Zealand goods imported into Hong Kong, China, will remain duty-free in the future. Upon entry into force, 70% of tariff lines will be duty-free for goods entering Chinese Taipei. The tax on the remaining lines will decrease over a period of 12 years.
Information on rules of origin for imports from Chinese Taipei and exports to Chinese Taipei can be found in Fact Sheet 48 (PDF 346 KB). Information on the rules of origin and the use of this agreement is available in FactSheet 30 – Closer Economic Partnership Agreement with Thailand (PDF 262 KB). More information about the Thai CEP can also be found on the MFAT website. A guide to New Zealand`s existing free trade agreement with ASEAN and Australia. MELBOURNE, 3. November (Reuters) – Australia has joined New Zealand in ratifying the world`s largest free trade agreement between Southeast Asian countries and their major trading partners, ministers from both countries said. New Zealand also has bilateral trade agreements with Malaysia, Australia and Thailand. Traders should determine which agreement offers the greatest benefit to their imported/exported products. The Australia-New Zealand Closer Economic Relations Trade Agreement, commonly referred to as closer economic relations (CER), is a free trade agreement between the governments of New Zealand and Australia. .