;
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

No tax on cotton fabric import from India to Vietnam soon

Textiles | On 9th Dec 2018

No tax on cotton fabric import from India to Vietnam soon

Under the free trade agreement between India and the Association of...

Courtesy: Businesswire

Textiles | On 9th Dec 2018

Endy being taken over by Sleep Country

Endy, Canada’s leading online mattress brand, is being taken over by...

Courtesy: Polartec

Textiles | On 9th Dec 2018

Polartec working with online retailer Backcountry

Polartec, the premium provider of innovative and sustainable textile...

Interviews View All

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Representatives, Textile & apparel industry

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Janak Dhamanwala & Sunil Dhamanwala, Jansun

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

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

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search