The Generalized Preference System (GSP) is a system of international tariff preferences designed to stimulate economic growth in developing countries. In accordance with the system of generalized preferences, the BCN gives special treatment to certain products recognized as less developed countries (LDCs) or least developed countries (LLDC). How we negotiate free trade agreements and why they are important to New Zealand. Countries that provide preferential tariff treatment under the Generalized Preference System are defined in Flight Plans 1 and 2 of the 2005 Tariff Regulation (least developed and least developed countries). A list of LDC and LLDC countries appears in the New Zealand Working Paper (PDF 124 KB) under “New Zealand Alphabetical Country List and Codes.” AANZFTA is Australia`s first multi-country free trade agreement. This is the first time that Australia and New Zealand have participated together in the negotiations of a free trade agreement with third countries. This is the first time ASEAN has entered into negotiations for a free trade agreement in all sectors, including goods, services, investment and intellectual property. This is the most comprehensive trade agreement ever negotiated by ASEAN. However, products classified in chapters 61 and 62 of the HS code (clothing) have different requirements.
The exporting producer is required to obtain a certificate of origin from the Hong Kong Ministry of Trade and Industry in China or from a state-recognized certification organization in Hong Kong, China. Annual trade negotiations regularly bring together representatives from both sides to exchange views on bilateral trade relations. The importer may choose by the exporter or manufacturer the form of proof of origin it is seeking, provided it contains all the necessary data elements. A guide is available to merchants if they wish. In 2003, a veterinary agreement to facilitate the trade in live animals and animal products (at the same time for the protection of human and animal health) came into force and was updated in 2015.