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NZ Government Helping Exporters To Use FTAs

by Mary Swire, Tax-News.com, Hong Kong

08 June 2016


Customs Minister Nicky Wagner has encouraged exporters to use Customs' business outreach program to make the most of New Zealand's free trade agreements (FTAs).

"The program reaches out to manufacturers and exporters at the grassroots level, mainly small to medium companies, to support and advise them on how to maximize the competitiveness of their goods offshore," Wagner said.

"Customs found that many New Zealand exporters are not maximizing the benefits that are available when exporting to free trade markets. Understanding the rules around FTAs and how to claim tariff preference can often seem too complex. Specific areas of focus include helping companies understand how to meet the requirements, particularly around the rules of origin, and discussing any barriers that exporters are facing into New Zealand's key export markets."

"Customs has made 40 business visits and I'm pleased to hear industry feedback is very positive. Many companies are now in a better position to promote the competitiveness of their goods – maximizing on the benefits and minimizing the risk of border delays," Wagner said.

TAGS: business | export duty | excise duty | offshore | agreements | New Zealand | import duty | trade

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