On January 24, 2020, 17 WTO members issued a statement agreeing to establish a temporary system for appealing WTO disputes. They reached an agreement during the recent World Economic Forum in Davos, Switzerland. The WTO members include Australia, Brazil, Canada, Chile, China, Colombia, Costa Rica, the European Union, Guatemala, South Korea, Mexico, New Zealand, Norway, Panama, Singapore, Switzerland and Uruguay. Canada and the EU had earlier established a separate interim appeals procedure. The statement indicated…
The Ministry of Foreign Affairs and Trade has announced the opening of a public consultation on a proposal to widen catch-all controls over the export of goods and technologies which are not listed in the New Zealand Strategic Goods List and which are destined directly or indirectly for a military, paramilitary or police end-user. Public comment is invited on this proposal by 15 November 2019. For more information, read: the consultation document explaining the proposala Cabinet paper setting out…
The entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) brings with it preferential import tariff rates applicable to CPTPP originating goods. Import tariffs can amount to a substantial increase on the end cost of goods. For businesses operating in a competitive market, preferential tariff rates may afford them a comparative advantage by reducing costs. Under the CPTPP, tariff rate reductions occur automatically after the Agreement has entered into force in a member country’s territory. Accordingly, exporters of most CPTPP originating goods can enjoy preferential tariff rates immediately.
On 12 April 2019, the New Zealand Police announced that new firearms laws (the Arms (Prohibited Firearms, Magazines, and Parts) Amendment Act 2019) are now in effect amending the Arms Act by:
New Zealand Customs announced that from 1 April 2019, individuals and businesses will be subject to a new range of instant fines if they are found breaching Customs requirements.
New Zealand has adopted the Kigali Amendment to the Montreal Protocol (an international agreement that regulates substances that deplete the ozone layer). The Amendment means that after 31 December 2019, a permit will be required to import or export hydrofluorocarbons (HFCs).
On 22 January, the Department for International Trade (DIT) announced that the UK and New Zealand had signed a Mutual Recognition Agreement (MRA) that maintains all relevant aspects of the current EU-New Zealand mutual recognition agreement on conformity assessment. The MRA helps to facilitate trade flows between the two nations and means UK exporters can ensure goods are compliant with New Zealand’s technical regulations before they depart the UK, saving businesses time, money and resources. New Zealand exporters to the UK benefit in the same way.
On January 19, 2019, Global Affairs Canada reported that the inaugural Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Commission meeting was successfully concluded. The CPTPP Commission, consisting of representatives from Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam (the countries for which the CPTPP has entered into force), met in Tokyo, Japan and concluded their session by issuing a Ministerial statement. The Commission meeting allowed CPTPP countries to chart a course for next steps as well as agree on a framework for the accession of new members. The Ministerial Statement follows:
On 12 November 2018, the Vietnam National Assembly ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”), which came into effect on 30 December 2018 for the first six ratifying Members and on 14 January 2019 for Vietnam.
On 30 December 2018, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP or TPP-11) will enter into force for Australia, Canada, Japan, Mexico, New Zealand and Singapore. On 14 January 2019, the TPP-11 will enter into force for Vietnam. DHA Notice № 2018/37 summarises the implementation for goods.