New Zealand-Thailand Closer Economic Partnership

Country / jurisdiction: New Zealand · Year: 2005 · Status: In force · Level: National · Type: Voluntary

The New Zealand-Thailand Closer Economic Partnership notably eliminates or reduces border tariffs on:

Electric generation equipment

Mechanical equipment including pumps, appliances, and other advanced machinery

Electric motors, transformers, batteries, and capacitors

Motor vehicles and vehicle parts

Mineral ore and processed products including graphite, manganese, copper, aluminium, and nickel

Various products manufactured using above minerals and metals such as sheets, powders, bars, and plates

Photovoltaic cells

The Agreement also includes rules of origin, which dictate that goods may benefit from preferential tariff treatment if:

wholly produced or obtained in one of the signatory countries

having undergone a change in HS code after being processed in one of the signatory countries

meeting minimum regional value content requirement

Official source: https://www.mfat.govt.nz/en/trade/free-trade-agreements/free-trade-agreements-in-force/nz-thailand-closer-economic-partnership/