Home / Knowledge / News / Textiles / National Distribution Union welcomes Tariff Freeze
National Distribution Union welcomes Tariff Freeze
23
Apr '08
Announcement by Commerce Minister, Lianne Dalziel, of a freeze on general tariff reductions for two years from July 2009 has been welcomed by the National Distribution Union.

The NDU represents workers in the textile, clothing and footwear industries.

"This was the only sensible approach in light of the outcome of the NZ China Free Trade Agreement," said NDU President, Robert Reid.

"It would have been unconscionable for New Zealand to have unilaterally reduced tariffs quicker than those agreed to in the China FTA," he said.

"The China FTA and announcement have considerably slowed down New Zealand's headlong race to zero tariffs," Robert Reid said.

"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.

"The timetable for tariff reductions in the NZ - China Free Trade Agreement and announcement of the two year tariff freeze blows New Zealand's APEC commitments out of the water. This is good news for the TCF sector," said Robert Reid.

"However, these actions are too late in preventing the closure and job losses from a number of iconic New Zealand firms," said Robert Reid.

"In addition, as long as there is a hostile monetary policy environment for manufacturing including the high exchange rate we will continue to see contraction and job losses in the manufacturing sector.

The Government must move to address these issues with urgency," Robert Reid said.

National Distribution Union

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Textiles | On 5th Dec 2016

Pakistan’s 2016-17 cotton output surpasses last season

Cotton output in Pakistan during 2016-17 season has already surpassed ...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Larry L Kinn
Suominen Corporation

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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