Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Early and obvious benefits from NZ/Thailand CEP


Early and obvious benefits from NZ/Thailand CEP

The obvious benefits to New Zealand from the Closer Economic Partnership agreement just signed with Thailand should swing our way from day one of the agreement coming into force, the Employers & Manufacturers Association (Northern) says.

Gains will be evident from that July 1st date next year in reductions to tariffs on exports to Thailand of fruit and vegetables, with the introduction of multi entry business visas, and work permits becoming available for Kiwis doing business in Thailand.

“Over time we’ll see the elimination of what are very high tariffs in many instances,” said Bruce Goldsworthy, EMA’s Manager of Advocacy Services.

“Importantly for New Zealand, the second phase of tariff reductions scheduled for January 1st will align us with the free trade agreement that Thailand and Australia already have in place.

“This catch up represents a particularly satisfying outcome; we congratulate the officials and ministers concerned in achieving it.

“In fact our officials appear to have picked up and dealt with all major issues and concerns put to them by business – the negotiation process undertaken was commendable.

“It has led to a new CEP which will be seen as a milestone in our international trade relationships for its comprehensive and robust nature.

“Technical issues such as those covering rules of origin, and how trade remedies are to apply meet business requirements and expectations.

“Perhaps the single disappointment is that it has had to follow the long tariff and quota phase out periods for agricultural products adopted for the Thailand – Australia Free Trade Arrangement that concluded earlier this year.”


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO:

 
 
 
 
 
 
 
 
  • Bill Bennett on Tech