China to Remove Tariffs for Wood and Paper Imports From New Zealand

China to Remove Tariffs for Wood and Paper Imports From New Zealand
New Zealand Prime Minister Jacinda Ardern smiles after cutting the ribbon to open Transmission Gully SH1 motorway in Wellington, New Zealand, on March 30, 2022. Lynn Grieveson/Getty Images
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New Zealand’s (NZ) “upgraded” free trade agreement (FTA) with China will take effect from April 7, removing all tariffs for 12 wood and paper products imported from New Zealand.

The move is part of a deal, signed in January, that aims to “upgrade” the existing FTA, resulting in tariff-free access for 99 percent of New Zealand’s $4 billion (US$2.8 billion) wood and paper trade to China.