EFTA has bilateral agreements with the following countries and blocs, including dependent regions: New Zealand has bilateral or multilateral NTPs with all other RCEP participants, with the exception of India, including the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) and the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA). In addition to these initiatives, the RCEP will be complemented by consolidating the combined benefits of regional trade by strengthening existing rules and adding new rules that primarily benefit global value chains – which are particularly important now in the context of the trade war between the region`s two largest economies, the United States and China. Similarly, cooperation between New Zealand and India should focus more on ICT, education and tourism – areas of mutual complementarity for the two countries. Substantial partnerships would overcome the critical shortage of skilled labour in New Zealand and address the constraints of India`s transition to a knowledge-based economy. India`s pharmaceutical and health industry offers New Zealand new opportunities, given the rapidly aging population, with the potential to reduce health costs and increase research capacity. India and New Zealand have a long-standing, friendly and growing relationship. Our ties date back to the 19th year when the Indians settled in Christchurch in the 1850s. In the 1890s, more and more immigrants from Punjab and Gujarat arrived in New Zealand. Indian troops fought alongside the Anzacs at Gallipoli in 1915. And of course, we`ve been sporting rivals on the cricket field for a long time.
There are more than 220,000 New Zealanders of Indian descent. 65,000 Indians have visited New Zealand each year until November 2019, and more than 17,000 Indian students are currently studying in New Zealand. 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. For most products, it is not necessary for products originating in NZ under this agreement to be accompanied by a certificate of origin issued by a certification body. New Zealand negotiates bilateral and multilateral free trade agreements with the following blocs and countries: Thailand is also a party to the AANZFTA agreement. Distributors should consider what is the most appropriate agreement for their imported/exported products. On February 27, 2009, New Zealand and its close partner, Australia, signed a free trade agreement with the 10-country ASEAN regional bloc. It is estimated that a free trade agreement with ASEAN would increase the total GDP of the 12 countries by more than $48 billion over the 2000-2020 period, with New Zealand alone reaching an additional $3.4 billion.   The Generalized Preference System (GSP) is an international system of tariff preferences 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).