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 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search