Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

China FTA's protections world class

Media statement Wednesday, April 9th, 2008

China FTA's protections world class; others can play catch up


The Free Trade Agreement with China has world class provisions to protect our businesses against unfair trade practices, says the Employers & Manufacturers Association (Northern).

"The FTA has nothing to do with letting cheap imports flood the New Zealand market," said Bruce Goldsworthy, EMA's acting chief executive.

"The benefits of the FTA are no one way street.

"We gave away barriers to imports many years ago and there's no use trying to re-litigate that.

"Many so called FTA's of other countries have nothing like the degree of precision and care that has gone into ours.

"But to counterbalance the phasing down of remaining duties on goods from China the FTA brings into play comprehensive commercial processes designed to ensure our businesses have some protection from unfair trade practices.

"In fact, if our businesses are placed at unfair risk, the FTA gives them access to more direct trade remedies than they would get under the broader WTO agreement.

"If goods are imported from China at less than they cost to produce, we can apply for anti dumping action, or Temporary Safeguards which could result in steep countervailing duties applied retrospectively.

"Also, to qualify under the agreement, goods must meet precise Rules of Origin based on a change of tariff classification.

"The FTA will facilitate faster, preferential Customs clearance for our goods entering China, and in other ways will make trading easier between our two countries.

"It provides as well for mutual recognition on technical aspects such as standards and includes protection of Intellectual Property and government procurement.

"Overall, we can see other developed countries will be hard pushed to better our FTA, but they will be fast off the mark trying to.

"So let them play catch up."

ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election