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

 

Tariff Amendment Bill a Significant Win

Tariff Amendment Bill a Significant Win for Kiwifruit Growers

New Zealand Kiwifruit Growers Inc. (NZKGI) welcomes yesterday’s passing of the Tariff Amendment Bill in parliament – a positive step toward a Free Trade Agreement with South Korea.

NZKGI president Neil Trebilco said cutting the tariff is a big win for kiwifruit growers.

“The agreement will eliminate a 45 per cent tariff on New Zealand kiwifruit over five years, creating significant savings for growers.”

“The agreement will also bring about parity with Chilean competitors who have been on a zero tariff since concluding their own Free Trade Agreement in 2004.”

“The duty Zespri and NZ kiwifruit growers pay to South Korea is the highest in any market that we have around the world so this is very welcome news. It will enable the industry to better compete in the market.”

“It has been a long negotiation and we thank both governments for their efforts.”

The Korean Parliament now needs to complete its consideration of the Free Trade Agreement to it bring into force. Hopefully in time for the 2016 export season.

Korea is kiwifruit’s fourth biggest market after Europe, Japan and China.

For further comment, contact NZKGI Chief Executive, Mike Chapman 027 487 4264

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

LA-London Out; Auckland-NY In: "New Era" For Air NZ International

Air New Zealand is accelerating its ambitions for North America and will launch a non-stop service between Auckland and New York using its 787-9 Dreamliner in October 2020. More>>

ALSO:

Data Investment: Govt Backs Te Reo, Environmental Data Research

The Government is investing in ambitious research that will digitise Te Reo, grow the low-carbon protein efficient aquaculture industry, help interpret environmental trends, and large data sets says Research, Science and Innovation Minister Megan ... More>>

ALSO:

Training: 27 Percent Increase In Trades Academy Places

Two secondary-school initiatives are being expanded as part of the Government’s plan to see more young New Zealanders take up a trade to help close the skills gap. More>>

ALSO:

Unsolicited Messages: NZ Company Fined $36,000

The New Zealand Trustees Association (NZTA) and founder, Errol Anderson, have been fined a total penalty of NZ$ 44,000 in the Auckland High Court for sending unsolicited commercial electronic messages. More>>

Marine And Freshwater Reports: EDS Calls For Urgent Action On Marine Management

“There are some big issues to address. These include many marine species and habitats that are in serious trouble. Of the sample investigated, the report finds that 22% of marine mammals, 90% of seabirds and 80% of shorebirds are threatened with or actually at risk of extinction..." More>>

ALSO: