Celebrating 25 Years of Scoop
Special: Up To 25% Off Scoop Pro Learn More
Parliament

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

 

China arrangement on technical barriers to trade

26 October 2003 Media release

China, NZ Ministers sign arrangement on technical barriers to trade


Hon Jim Anderton, Minister for Economic Development, signed an arrangement on Technical Barriers to Trade with Chinese Minister Li Changjiang today.

“This is a welcome development. With global tariffs coming down, reducing technical barriers to trade has become the focus of international effort”, Jim Anderton said.

Technical regulatory requirements can impose considerable transaction costs on companies operating across borders. Companies are faced with having to comply with different standards or specifications for their products and, in some cases, are required to double test their products.

Jim Anderton noted that this arrangement with China would provide New Zealand with the opportunity to develop a cooperative relationship with Chinese counterparts and improve knowledge and understanding of our respective technical and regulatory regimes.

“It will help build confidence in the strength of each other’s technical infrastructure and regulatory approaches and will find ways to reduce compliance costs faced by New Zealand businesses which export to China,” Jim Anderton said.

The first meeting of senior officials in terms of the arrangement will be held next year.


www.beehive.govt.nz/anderton or www.progressive.org.nz

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
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

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.