NZ – European Union Free Trade (FTA) Agreement

European Union after Brexit


There are 27 member countries to the EU.

Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
France

Finland
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg

Malta
Netherlands
Poland
Portugal
Romania
Slovania
Slovakia
Spain
Sweden

ORIGINATING GOODS FOR PREFERENTIAL DUTY STATUS



If your goods are originating from either the EU or NZ they are now permitted entry subject to lower or free duty status.


 
Your goods must meet the rules of origin to qualify for the reduced tariffs.
The design of the new agreement follows standard FTA protocols around;
 
  • Change in tariff classification
  • Added value
  • Specific processes

There are some quirks however

For manufactured goods

  • Generally, need to meet a 50% ex-works price value threshold

For textiles and apparel

  • Need to meet two transformative processes
  • Special “origin quota” for apparel with a more liberal cut and sew rule
There are no compulsory documentations to be completed when claiming preferential origin status. All that needs be done by the manufacturer or supplier of the cargo is to make the following statement;


 
“The exporter of the products covered by this document (Customs Client Code No ….) declares that, except where otherwise clearly indicated, the products are of New Zealand preferential origin”. 

 
Names of exporter………………………………………………………………..…………..…………..

Place and date …………..…………..…………..…………………………………………………………………….
 
This statement can be made on the invoice or any other commercial document.

The Customs Dept’s on either side reserve the right to verify any origin claims.
 
Helpful links as follows
Call: 0800 824 605


 
Originating products must be transported from New Zealand to the EU (or vice-versa) without being further processed in a third country. However, some operations can be conducted in a third country if the products remain under customs supervision, such as
  • Adding or fixing marks, labels, seals or any documentation to ensure compliance with specific domestic requirements of the importing country.
  • Preserving products in good condition
  • Storage (only)
  • Splitting consignments
If you would like further information please reach out to me directly per the following;


 
Thank you.