AUSSIES AND KIWIS STREAMLINE TRADE

Written on the 20 July 2016

AUSSIES AND KIWIS STREAMLINE TRADE TRANS-Tasman trade will become faster following the signing Mutual Recognition Arrangement (MRA) by Australia and New Zealand customs agencies.

Australian Border Force (ABF) Commissioner Roman Quaedvlieg, and NZ Customs Comptroller, Carolyn Tremain, met at the World Customs Organization's sessions in Brussels to sign the MRA last Friday.

The arrangement would benefit members of the Australian Trusted Trader (ATT) programme and the NZ Customs Secure Export Scheme (SES).

It is anticipated that $3 billion of New Zealand exports to Australia, and $7.5 billion of Australia's exports to New Zealand will be fast tracked.

"Reducing the regulatory duplication between the two schemes will make it easier for Australian and New Zealand businesses to trade with each other and boost the international competitiveness of both countries," says Quaedvlieg.

The two agencies already work closely together and this arrangement will provide further assurance over trans-Tasman trade for both countries.

"The MRA means New Zealand's Secure Export Scheme members will benefit from a faster and smoother border experience with our closest neighbour, and gives traders on both side of the Tasman a competitive advantage," says Tremain.

Latest News

GROUPTOGETHER A GIFT FOR TIME-POOR PARENTS

JULIE Tylman and Ali Linz have taken the stress out of gift giving by creating GroupTogether, an online platform whic...

SIRTEX CEO DISMISSED FOLLOWING SHARE TRADING PROBE

SIRTEX Medical Ltd (ASX: SRX) has sacked its chief executive officer, Gilman Wong (pictured), following an investigat...

SANTA DELIVERS KOGAN A GIFT

KOGAN.COM (ASX: KGN) has exceeded its expectations and reported another strong quarter of trade.

The online retail...

FOUR WAYS YOU SHOULD PROTECT YOUR IT SYSTEMS FROM EXTREME WEATHER

SHANNON Overs, co-founder of onPlatinum ICT, sees it too often, perhaps half a dozen times per year businesses tha...

Related News

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

SMES TAKE RETAIL MARKET SHARE AS CONSUMERS CHOOSE PERSONALISATION

IN a battle for the hearts and wallets of Australian consumers, it appears that small and medium retail businesses...

KNOWLEDGE WORKERS AMONG MOST SOUGHT AFTER IN 2017

BUSINESSES searching for efficiencies and improved systems are in search of knowledge workers early this year, say...

FEMALE ENTREPRENEURS GET SPRINGBOARD TO GROWTH

DESPITE the fast-growing number of women studying STEM subjects at school and university, women continue to be und...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter