Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Exporters Gain From Oman’s Bid For WTO Membership

Oman’s progress toward membership of the World Trade Organisation (WTO) is good news for New Zealand’s exporters, according to Trade Minister Lockwood Smith.

In order to accede to WTO membership, prospective members must conclude bilateral agreements with their trading partners who are members of the WTO. Oman applied for WTO membership in 1996, and has now concluded its bilateral negotiations with New Zealand.

“The conclusion of New Zealand’s bilateral negotiations with Oman is good news for New Zealand’s exporters,” said Dr Smith.

“The agreement delivers better access and higher returns for our exporters, particularly those in the primary production sector. For example, the tariff on chilled and frozen sheepmeat, New Zealand’s largest export to Oman, has been reduced fivefold from 25 percent to five percent.

“The agreement delivers certainty and stability to New Zealand exporters to Oman by preventing the unilateral introduction of tariffs which would disrupt trade, and setting basic tariff rates for trade in goods and services,” Dr Smith said.

New Zealand exports to Oman in the year ended June 1999 were $16.3 million, mainly consisting sheepmeat, beef, butter, and other dairy products. Oman’s exports to New Zealand consisted entirely of petroleum products and totalled NZ$66.4 million for the same period.

“Through its provision of an effective rules-based multilateral trading system, the WTO continues to deliver real benefits to New Zealand and its export sector,” Dr Smith said.

“Just last month the WTO ruled in New Zealand’s favour in our case against Canada’s ‘Special Milk Classes’ programme, and today’s agreement adds to a long list of similar negotiations that have delivered specific, measurable benefits to New Zealand exporters.

“I wish Oman every success in achieving its aspiration to accede to WTO membership in time for the Third WTO Ministerial in Seattle later this month,” Dr Smith concluded.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Malaysia Exposing Our Dodgy Policies On China

Last week, we all owed a vote of thanks to Malaysian PM Mahathir Mohamad for breaking with protocol during his bilateral meeting in Singapore with New Zealand PM Jacinda Ardern. Reportedly, Mahathir used the photo opportunity phase of the meeting – which usually involves just an exchange of smiles and pleasantries before the media is sent out of the room – to launch into matters of genuine substance.

By doing so, Mahathir usefully exposed how New Zealand is trying to make a virtue out of sitting on the fence over the South China Sea dispute. More>>


Climate Change: Top Academics Call On Government To Take Action

One hundred and fifty academics and researchers from around Aotearoa, including Dame Anne Salmond, Emeriti Professors and several Fellows of the Royal Society, have signed a strongly-worded open letter to the Government demanding bold and urgent action to tackle climate change. More>>


Teacher Qualifications, Class Sizes: Ten Year Plan For Early Learning

“Moving towards 100 percent qualified teachers in early childhood education centres and improving adult:child ratios are among some of the key proposals for change put forward by the sector and experts in the new draft ten year strategic plan for early learning,” Chris Hipkins said. More>>


Teacher Strikes: Meeting, March And Rally In Wellington

Throughout the Wellington region the NZEI rolling strikes entered their final day Friday. Thousands of teachers met in Wellington, Kapiti, Porirua and the Wairarapa. More>>


14/11: Two Years’ Progress Since The Kaikoura Earthquake

Mayor John Leggett said it was a day for reflection, but also a time to recognise the work by many people to support progress towards recovery made across Marlborough since November 2016. More>>


Pike River: Mine Drift Re-Entry Plan To Proceed

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little. More>>


Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>


Two Years Since Kaikoura: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>





InfoPages News Channels