Anztec Trade Agreement

For more information on the rules of origin and the application of this Agreement, please see Fact Sheet 30 – Thailand Closer Economic Partnership Agreement (PDF 262 KB). For more information on the Thai CEP, visit the AMFT website. Chapter on Trade and Labour, Trade and Environment, which will improve communication and cooperation in this area and contribute to achieving the common objectives of improving labour standards and improving environmental protection in New Zealand and Chinese Taipei. There are provisions on voluntary market mechanisms and an article on liberalization of trade in environmental goods and services, which contains a list of 132 environmental goods. An indigenous chapter of cooperation that will improve cultural and people-to-people ties between Chinese Taipei indigenous people and New Zealand Māori, and develop and facilitate trade. (July 18, 2013) On 10 July 2013, the Republic of China (Taiwanese, ROC) and New Zealand concluded the Economic Cooperation Agreement between New Zealand and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (ANZTEC). This is Taiwan`s first free trade pact with a developed economy and is, according to the Ministry of Foreign Affairs of the Republic of China (MOFA), an important step forward in Taiwan`s efforts to participate in regional economic integration. (Taiwan, New Zealand Ink ANZTEC Agreement, TAIWAN TODAY (July 10, 2013).) «Taiwan is a thriving market of 23 million people and the ANZTEC agreement has opened up unprecedented access for New Zealand distributors,» finny said. For more information on the rules of origin and the agreement, please see Fact Sheet 8 (PDF 701 KB). Chinese Foreign Ministry spokesman Hua Chunying confirmed at a press conference on July 10 on July 27 that Beijing would not oppose Taiwan`s «non-governmental trade and cultural exchanges» as long as there is an agreement between the two not to create «two Chinas» or «one China, one Taiwan.» So far, Wellington has failed to anger Beijing by addressing Taiwan, according to its organisation for Economic Co-operation and Development name, the separate customs territory of Taiwan, Penghu, Kinmen and Matsu. It remains to be seen to what extent adherence to the one-China policy will affect Taiwan`s ability to increase its engagement on the international stage. A 30-person trade delegation is visiting Taiwan on Saturday, the first mission of its kind since the entry into force of the FREI ANZTEC agreement last December. The New Zealand-Hong Kong, China Closer Economic Partnership Agreement (NZ-HKC CEP) was signed in Hong Kong on 29 March 2010 and entered into force on 1 January 2011.

The agreement allows goods exported from Hong Kong, China, to benefit from preferential tariff treatment on imports into New Zealand. At present, all goods imported into Hong Kong, China, regardless of their origin, are exempt from customs duties. The agreement ensures that in the future, New Zealand goods imported into Hong Kong, China, will remain duty-free. Indeed, the success of the Taiwan-New Zealand negotiations offers other interested nations a model of economic cooperation with Taipei. No country, including New Zealand, is willing to jeopardize its relations with a major economy like China by signing a trade deal with Taiwan, unless the former objects. .

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