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.