Advantages of entering CPTPP, Trade in Goods Sample Clauses

Advantages of entering CPTPP, Trade in Goods. Market access – exports Joining CPTPP would provide immediate economic and commercial benefits for New Zealand goods exporters on entry into force of the Agreement and ongoing benefits thereafter, particularly from reduced tariff rates in key markets with which New Zealand does not currently have an FTA relationship. New Zealand exporters pay an estimated NZ$283 million annually in duties for the four CPTPP partners with which we do not have existing FTAs (Japan, Canada, Mexico and Peru).11 There would also be modest improvements with Malaysia and Viet Nam as tariffs would be eliminated under CPTPP that were excluded from the ASEAN-Australia-New Zealand and Malaysia-New Zealand FTAs (e.g. wine, liquid milk etc.). New market opportunities would restore a level playing field for New Zealand exporters sending goods to markets where others already enjoy tariff preferences. This includes markets like Japan and Mexico. It would help ensure that our exporters are able to compete with their main competitors from Australia and Canada which already have preferential access to the likes of Japan and Mexico respectively. It will also keep exporters from falling behind the likes of the European Union which is due to gain preferential access to Japan in the near future through the European Union-Japan Economic Partnership Agreement.
Sample 1
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Related to Advantages of entering CPTPP, Trade in Goods

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  • TRADE IN GOODS ARTICLE 2.1

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