The Harmonized System (SH) is an international designation system for product classification. It allows participating countries to classify goods exchanged on a common basis for customs purposes. At the international level, the harmonized system for classifying goods is a six-digit code. The rules of origin are used to determine the country of origin of a product for international trade. According to the application, there are two common types of rules of origin; Preferential and non-preferential rules. Preferred ROOs are part of a free trade agreement – the rules of origin determine which products can benefit from the concession or customs preference. Non-preferential rules of origin are used to determine the country of origin for purposes such as quotas, anti-dumping measures, anti-circumvention markings or country-of-origin markings. The most favourable tariffs are those that countries promise to impose on imports from other members of the World Trade Organization, unless they are included in a preferential trade agreement (for example. B of a free trade agreement, an area or a customs union). Some countries impose higher tariffs on countries that are not part of the WTO. THE ASEAN Australia Agreement New Zealand is the first comprehensive free trade agreement signed by ASEAN and is an important milestone for New Zealand trade. Find out more here.

New Zealand-Hong Kong, China Closer Economic Partnership (CEP). New Zealand was the first foreign country to conclude a free trade agreement with Hong Kong. Find out more here. The New Zealand-Malaysia Free Trade Agreement includes trade in goods and services as well as investments in one of our fastest growing export markets. Find out more here. A free trade agreement is a set of rules on how countries deal with each other when it comes to doing business together – importing and exporting goods, services and investment. The Agreement between Australia and New Zealand on economic relations and trade agreements – the agreement that recognizes the economic and trade relations between New Zealand and Australia as one of the closest, broadest and most compatible agreements in the world. It`s evolving. Find out more here. Understand the acronyms, abbreviations and terms most used in international trade with this guide.