New Zealand Embassy Manila, The Philippines
Taking advantage of new tariff reductions
There’s plenty of information available for exporters wanting to take advantage of reduced tariffs under the new ASEAN Australia New Zealand Free Trade Agreement. This free trade agreement, known as AANZFTA for short, came into effect on 1 January 2010 for and between New Zealand, Australia and six of the ten ASEAN member countries, including the Philippines.
To take advantage of the tariff reductions that began on 1 January, goods must originate in these parties to the free trade agreement. A tool called ‘rules of origin’, or ROO, is used to ensure that the preferential AANZFTA tariffs apply only to goods originating in countries that are party to the agreement.
Rules of origin can be quite complex, so it’s important to know where to go for help in working out how to take advantage of AANZFTA’s preferential tariffs. There are several avenues for assistance.
The ASEAN secretariat has published a guide called ‘AANZFTA: primer on rules of origin’, which is avaialble on their website.
Importers of New Zealand goods to the Philippines should contact their customs broker or agent if they have any queries relating the rules of origin applying to particular shipments. For further advice they can contact firstname.lastname@example.org and copy the email to the New Zealand Trade and Enterprise office at the New Zealand Embassy in Manila at email@example.com.
To take advantage of AANZFTA preferential tariffs a certificate of origin is needed, and the New Zealand organisations so far approved to issue AANZFTA certificates of origin are listed on the ASEAN FTA website.
Information is on the full range of AANZFTA subjects, not just rules of origin is avaialbe at the AANZFTA website.
The ASEAN secretariat has also published ‘AANZFTA: a guide for ASEAN business’, which is available on thier website.