New Zealand: New Zealand and China Sign FTA Upgrade
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On January 26, 2021, New Zealand and China signed an Upgrade to the 2008 Free Trade Agreement (FTA). For New Zealand, the FTA Upgrade retains all existing tariff reduction schedules for exports of goods to China. It also provides for additional tariff elimination on 12 wood and paper products over a 10-year implementation period. In addition to these tariff reductions, other areas that are covered in the FTA Upgrade and that apply to agricultural products include: technical barriers to trade; e-commerce; customs procedures; cooperation and trade facilitation; and rules of origin.