“Well done to the NZ Team on achieving a Free Trade Agreement with the United Kingdom. The UK have enjoyed our open market so this will put our exporters on a similar footing with the UK said Chamber CEO, Michael Barnett. I understand that 97% of existing tariffs on NZ product into the UK will be removed on day one of the agreement – saving NZ exporters on tariffs alone are in excess of $35m he said. Obvious areas of tariff elimination include honey, wine, kiwifruit, onions, a range of dairy and meat products and most industrial products, he said.”
Improved working holiday agreements, recognition of each other’s professional degrees and a commitment to the reduction of compliance costs for SME’s when exporting are additional benefits.
For more information, please contact Michael Barnett on 027 563 1150
Michael Barnett, Chief Executive, Auckland Business Chamber