New Zealand Announces New Customs Agreement with the EU
The Hon Meka Whaitiri has recently announced the streamlined trade deal between New Zealand and the European market, with one of the potential benefits being a 'Customs Cooperation Agreement' with the EU.
Additional comments made are as follows:-
“This Agreement strengthens cooperation with the European Union in terms of customs procedures, and supply chain security and risk management.
“It enables our customs authorities to learn from each other, particularly in areas such as research and development of customs technology. It also sets the scene for possible further agreements between New Zealand and the European Union on other aspects of the customs relationship.”
New Zealand has secure trade schemes with China, Australia, South Korea, Japan and the United States.
Under these schemes, each country recognises the other’s security measures and customs processes, ensuring that imported and exported goods are fully compliant with customs requirements at each step along the supply chain."
Kind Regards,
Russell Wilkinson
CEO - World Customs Portal