Exports from NZ worth $38b get tariff benefits in China over 12 years

22 March 2021 – Chinese companies have imported 247.14 billion yuan ($37.95 billion) worth of goods from New Zealand that benefited from tariff concessions following the implementation of the China-New Zealand Free Trade Agreement (FTA) in October 2008, China’s General Administration of Customs said on Monday. China’s imports of New Zealand-origin goods that received tariff…

New Zealand seeks clarification after Beijing suspends seafood imports

10 February 2021 – New Zealand authorities announced Wednesday that it has asked for urgent clarification from China after Beijing halted seafood imports from the South Pacific island nation earlier this week, the South China Morning Post (SCMP) reports. This comes after China Customs conducted audits at New Zealand’s two seafood factories, as the Chinese shoppers…

Businessman jailed for his part in NZ’s largest cigarette smuggling case

A businessman has been jailed for his role in the country’s largest cigarette smuggling case. The man and his company have interim name suppression and appeared at the Auckland District Court on Thursday after earlier admitting charges of defrauding customs, making erroneous entries in customs documents and selling goods without paying duties. The operation involved…

Australian food exporters face regulatory roadblocks in China

By Michael Smith Nov 11 2019 / Financial Review Shanghai | Chinese regulators are delaying the approval of new licences to Australian dairy and beef exporters looking to increase sales to China, in the latest sign that diplomatic tensions are hurting trade with Australia’s biggest trading partner. Numerous sources told The Australian Financial Review that…

Customs arrangements with Singapore and Canada

Friday, 28 June 2019, 12:49 pmPress Release: New Zealand Government Hon Jenny SalesaMinister of Customs 28 June 2019 PĀNUI PĀPĀHOMEDIA STATEMENT Customs arrangements with Singapore and Canada to benefit New Zealand traders Minister of Customs Jenny Salesa has welcomed new customs arrangements between New Zealand, Singapore and Canada that will streamline trade and benefit traders. The…

Interview: New Zealand should be more active in BRI cooperation: NZ expert

New Zealand should be more active in participating in the Belt and Road Initiative (BRI) cooperation, otherwise New Zealand may miss one of the largest multilateral economic projects of this century, said an expert on Tuesday. Source: Xinhua| 2019-04-16 12:24:12|Editor: Yurou by Lu Huaiqian Simon Draper, executive director of Asia New Zealand Foundation, who attended the…

WiseTech buys Sydney company SmartFreight for $55 million

By Yolanda Redrup OCT 17 2018 / Financial Review Logistics software company WiseTech Global has made its third local acquisition in the last year, buying Sydney-based transportation marketplace SmartFreight for up to $55 million. The acquisition is the 24th for the company since July 2017, as the business aims to create “mini WiseTechs” across the…

AEC 2015 will have no immediate impact…. but is extremely important for ASEAN

Given the extensive and wildly enthusiastic press coverage which greeted AEC 2015, the economic cooperation agreement between the ten ASEAN nations which came into effect on Jan 1 2016, one could be forgiven for thinking that the skies across the region would by now be being criss-crossed by eager executives of the world’s largest companies,…