China tariff cuts a 'foot in the door' for NZ paper, packaging

Tue, 05 Nov 2019

A phased tariff reduction for a range of paper and packaging products is an extra “foot in the door” into the Chinese market for those products, the country’s wood processors say.An upgrade to New Zealand’s free-trade agreement with China yesterday secured a wind-down in tariffs on about 15 products over 10 years. That will deliver a $2 million benefit by the 10th year on trade currently worth about $36 million annually, the Wood Processors and Manufacturers Association of New Zealand says.On the tableWhile that may seem like a small gain, asso...

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