Home / Knowledge / News / Gradual reduction in tariffs is good for industry
Gradual reduction in tariffs is good for industry
09
Apr '08
The gradually reducing tariff reduction regime for textiles, clothing and footwear in the NZ – China FTA is a welcome departure from the extremist free trade policies of the past,” said Robert Reid, President of the National Distribution Union.

The NDU organises workers in the textile, clothing and footwear (TCF) sector in New Zealand, the major sector that still has tariffs and so faces the greatest challenge from free trade with China. The trade agreement sees tariffs on TCF imports from China reducing in equal steps to zero by the middle of next decade.

“The NDU does not promote free trade and we have always argued that there is a place for the protection of domestic manufacturing and service industries both here and in China. However we have taken the opportunity offered to engage through the FTA negotiation process and are pleased that the outcome will at least provide more certainty to the local TCF industry than New Zealand's own unilateral tariff reduction programme has over the years,” said Robert Reid.

“The 1996 -99 National Government tried to eliminate all TCF tariffs by 2006. This was stopped by the Alliance Party securing a tariff freeze from 2000 – 2005 as part of its Coalition Agreement with Labour in 1999. Without the Alliance, Labour re-introduced a post 2005 tariff reduction regime that has TCF tariffs reducing to 10% by 2009. However Labour remained committed to APEC Bogor goals that require all tariffs to be removed in developed countries by 2010.

Must ReadView All

Textiles | On 27th Feb 2017

Surat to get a mega textile park, centre of excellence

The textiles ministry is positively working on the proposals for a...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: Invista

Textiles | On 27th Feb 2017

Invista explores alternatives for apparel & textile trade

Invista, one of the world's largest integrated producers of chemical...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search