Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Customs arrangement with Hong Kong to benefit NZ trade

The formal implementation of a Mutual Recognition Arrangement (MRA) between New Zealand and Hong Kong will bring significant benefits to New Zealand exporters, Bill Perry, Acting Comptroller of Customs said today.

“The MRA between Hong Kong and New Zealand that was signed in June 2018 came into effect on 22 February 2019, following a ceremonial announcement in Hong Kong.

“MRAs are formal arrangements between customs agencies with similar supply chain security standards. Hong Kong and New Zealand are well aligned in this regard, and this arrangement will enable smoother trade for both New Zealand and Hong Kong importers and exporters.

“Members of our Secure Export Scheme receive front-of-line priority and are able to move their goods more quickly and effectively through streamlined customs procedures.

“The implementation of this arrangement is another important step in strengthening cooperation between New Zealand and Hong Kong customs agencies,” Mr Perry said.

Hong Kong is an important market for New Zealand, being our ninth largest goods export market. In 2018, two-way trade between New Zealand and Hong Kong was valued at more than NZ$2 billion.

New Zealand also has MRAs with Australia, China, the United States, Japan, and the Republic of Korea.


Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.