A guide to New Zealand`s existing free trade agreement with ASEAN and Australia and updates on the AANZFTA upgrade. 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. A veterinary agreement to simplify trade in live animals and animal products (while protecting public and animal health) entered into force in 2003 and was updated in 2015. New Zealand is a party to several free trade agreements (FTAs) around the world. Describes the trade agreements in which this country is involved. Provides resources for U.S. companies to obtain information on the use of these agreements. 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. A new partnership between New Zealand, Chile and Singapore will help New Zealand exporters and SMEs seize the opportunities offered by digital trade. In 2017, the EU and New Zealand concluded a Partnership Agreement containing a set of rules for economic and trade cooperation.
The EU and New Zealand have also concluded a bilateral agreement on the mutual recognition of certain technical certificates. This will remove technical barriers, including evaluation procedures. Since 1983, New Zealand and Australia have been negotiating a closer economic relationship (CER), a free trade agreement that eliminates all tariffs between the two countries. However, the CER`s rules of origin do not allow products to enter Australia duty-free from New Zealand unless they are of New Zealand origin of at least 50%. In addition, the last manufacturing process must be carried out in New Zealand. The AUSTRALIA-New Zealand Closer Economic Relations Free Trade Agreement (ANZCERTA) states that goods that achieve “fully manufactured” status are traded duty-free between Australia and New Zealand. The New Zealand-Malaysia Free Trade Agreement covers trade in goods and services as well as investment in one of our fastest growing export markets. 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). In May 2018, the Council of the EU authorised the Commission to open trade negotiations with New Zealand and adopted the relevant negotiating directives. Following a first round of FTA negotiations held in Brussels in July 2018, negotiations are ongoing. 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 South Pacific Regional Trade and Economic Cooperation Agreement (SPARTECA) is a non-reciprocal trade agreement in which New Zealand (with Australia) offers preferential tariff treatment for certain products manufactured or manufactured by Pacific Islands Forum countries (known as “Forum Island Countries”). There is no preferential duty rate for New Zealand goods exported to a Forum Island country. New Zealand continues to negotiate other free trade agreements, including with the United Kingdom, with which it plans to conclude a free trade agreement later next year.
A Sustainable Development Impact Assessment (SIR) has been launched to support the negotiations on the free trade agreement. The HIA aims to assess how the trade and trade-related provisions in the proposed FTA could potentially affect the economic, social, human rights and environmental elements in each trading partner and in other relevant countries. To learn more about AIS, visit the Europe-New Zealand AIS website. 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. 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. According to ANZSCEP, the claim that the goods are eligible for preferential tariff treatment is based on a written or electronic certificate or declaration of origin completed by the importer, exporter or manufacturer or an agent signing on their behalf. There is no prescribed format, but the certification or declaration must contain some minimum information.
The declaration may be made on the invoice (if any) or on any other document and must be made available to the importing customs administration on request. New Zealand was the first foreign country to sign a free trade agreement with Hong Kong. Here is a list of the free trade agreements in which New Zealand is involved. Parentheses may include the abbreviation, composition, unless otherwise specified, and date of entry into force. For further questions regarding free trade agreements, send an email export2fta@customs.govt.nz – we will endeavor to respond to emails within 48 hours. The Free Church-China Free Trade Agreement (NZCFTA) entered into force on October 1, 2008. New Zealand was the first OECD country to sign a comprehensive free trade agreement with China. 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. 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. New Zealand negotiates bilateral and multilateral free trade agreements with the following blocs and countries: The Pacific Agreement on Closer Economic Relations (PACER) Plus is a historic agreement that connects the Pacific region through trade and development. The Trans-Pacific Strategic Economic Partnership is the first free trade agreement between Asia, the Pacific and the Americas. Fact Sheet 8: Preferential Tariff Rates and Explanation of Rules of Origin (PDF 701 KB) provides more information on New Zealand`s trade agreements, the countries concerned and the applicable rules. Previously, in 2017, the EU and New Zealand concluded a Partnership Agreement containing a set of rules for economic and trade cooperation. In addition, New Zealand has been a member of the WTO since 1995. The annual trade negotiations regularly bring together representatives of both sides to exchange views on bilateral trade relations. A New Zealand importer may apply for preferential tariff treatment on the basis of a certificate of origin, origin declaration or other evidence sufficient to demonstrate that the goods comply with the applicable rules of origin. At the request of the customs authorities, the importer requesting the preference must be able to provide sufficient evidence to support his claim. .