New Zealand Fta Agreements

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For other questions about free trade agreements, – we will endeavour to respond to emails within 48 hours. New Zealand`s economy is a market economy heavily dependent on international trade, particularly with Australia, the United States of America, China and Japan. It is highly dependent on tourism and agricultural exports and has only small manufacturing and high-tech components. Market economic reforms in recent decades have removed many barriers to foreign investment, and the World Bank has made New Zealand the most business-friendly country in the world [1]. Regional and bilateral free trade agreements have become an important part of New Zealand`s international 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 for 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] New Zealand is a party to several free trade agreements around the world. New Zealand is negotiating bilateral and multilateral free trade agreements with the following blocs and countries: New Zealand is currently negotiating five free trade agreements and another negotiation process is under way. We are consulting with the Maori on free trade agreements. 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 (PPTPP). 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. How we negotiate free trade agreements and why they are important to New Zealand. Here is a list of the free trade agreements that include New Zealand. In parentheses, the abbreviation, if any, membership, unless indicated in advance, and the date of entry into force. Other trade agreements (including the Public Procurement Agreement, the Environmental Goods Agreement and the Information Technology Agreement) The Trans-Pacific Strategic Economic Partnership is the first free trade agreement linking Asia, the Pacific and America.

Countries that provide preferential tariff treatment under the Generalized Preference System are defined in Flight Plans 1 and 2 of the 2005 Tariff Regulation (least developed and least developed countries). A list of LDC and LLDC countries appears in the New Zealand Working Paper (PDF 124 KB) under “New Zealand Alphabetical Country List and Codes.” Information about the rules of origin can be found in fact sheet 31 (PDF 240 KB). More information about the P4 agreement is also available on the MFAT website.

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