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. The European Parliament, which voted symbolically last month against the EU-Mercosur agreement, also increased the pressure by pointing out the lack of effective green rules and warning against not ratifying the agreement “in its current form”. 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. “We agreed that the greatest risk to European industry… Fair competition, which is why the same conditions of competition in our trade policy will be very important,” Dombrovskis said last month at an event with Altmaier. Levelling the conditions of competition should not mean a reduction in our own standards; It`s about taking everyone else to a higher level,” he added. While it is not yet clear the exact nature of these new environmental chapters, it is likely that they will focus on some concrete commitments, such as targets for implementing the Paris climate agreement and ratifying the international labour organization`s core standards, instead of broader commitments that would be more difficult to implement, a Commission official said.
The ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) is a regional trade agreement, including the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand. AANZFTA came into force in 2010 for Australia, New Zealand, Brunei, Myanmar, Malaysia, the Philippines, Singapore, Thailand and Vietnam and came into force in 2011 for Laos and Cambodia and in 2012 for Indonesia. For most products, it is not necessary for products originating in NZ under this agreement to be accompanied by a certificate of origin issued by a certification body. 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. 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. This makes the EU trade negotiations with New Zealand a model on how things could be done from now on.