Offshore-e-com.com Favicon OFFSHORE-E-COM.COM
LOWTAX JURISDICTIONS

Andorra
Anguilla
Aruba
Australia
Austria
Bahamas
Barbados
Belgium
Belize
Bermuda
Botswana
British Virgin Islands
Brunei
Bulgaria
Canada
Cayman Islands
Cook Islands
Costa Rica
Cyprus
Czech Republic
Denmark
Dubai
Estonia
France
Germany
Gibraltar
Greece
Grenada
Guernsey
Hong Kong
Hungary
Ireland
Isle of Man
Jersey
Labuan
Latvia
Liberia
Liechtenstein
Lithuania
Luxembourg
Madeira
Malaysia
Malta
Marshall Islands
Mauritius
Monaco
The Netherlands
The Netherlands Antilles
Nevis
New Zealand
Panama
Poland
Portugal
Qatar
Ras Al Khaimah
Romania
Russia
Seychelles
Singapore
Slovakia
Slovenia
South Africa
Spain
St. Kitts
St. Vincent & The Grenadines
Switzerland
Turks & Caicos Islands
United Kingdom
United States
Vanuatu

NEWSLETTER

To receive our free e-commerce updates featuring news and features, please enter your email address below:

CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
HOME | CONTACT | ABOUT | LEGAL | PRIVACY & COOKIES
 

 

China, New Zealand To Upgrade FTA, by Mary Swire, Tax-News.com, Hong Kong
Tuesday, November 22, 2016

The launch of negotiations to upgrade the existing China-New Zealand free trade agreement (FTA) was announced on November 21, following a meeting between Chinese Commerce Minister Gao Hucheng and New Zealand's Trade Minister Todd McClay at the Asia-Pacific Economic Cooperation Summit in Lima.

New Zealand's Prime Minister John Key noted that "New Zealand was the first developed country to negotiate and conclude an FTA with China, and (is also) the first developed country to launch an upgrade of an FTA."

He added that, since its completion in 2008, the FTA "has exceeded all expectations. It has an enviable record and showcases to the world the importance of trade liberalization. The upgrade will ensure that our FTA continues to drive our relationship forward and takes into account the FTAs that China has negotiated with other trading partners since 2008."

It was stated that the negotiations will look to improve or enhance the broad range of areas already covered by the FTA, including technical barriers to trade, customs procedures, cooperation and trade facilitation, rules of origin, services, and environmental cooperation. It will also address a number of newer areas such as competition policy and e-commerce.

The two countries have agreed to hold an initial round of negotiations in the first half of 2017, and to strive for an agreement as soon as possible.

Since the FTA was completed, New Zealand's goods exports to China have quadrupled, reaching around USD6.5bn. China is New Zealand's largest export destination for goods and second-largest goods and services export market.


 

STRATEGIC PARTNERS
  Lowtax.net
  Tax-News.com
  Expat Briefing
  LawAndTax-News.com
  OffshoreTrustsGuide.com
  TreatyPro.com
  Global Incorpoation Guide [GIG]

IMPORTANT NOTICE: Important Notice: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All rights reserved. 2017 Wolters Kluwer TAA Limited