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NZ wins WTO tariff case against Indonesia

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The World Trade Organisation has upheld New Zealand's challenge to 18 agricultural non-tariff barriers imposed by Indonesia.

New Zealand and the United States jointly brought the case against Indonesia in 2013 over a range of barriers imposed on agricultural imports since 2011.

They included import prohibitions, use and sale restrictions, restrictive licence terms and a domestic purchase requirement.

Trade Minister Todd McClay says they've cost the New Zealand beef sector alone between half a billion and a billion dollars.

"This is an important result for New Zealand's agricultural exporters, and for trade fairness," he said on Friday.

"As a result of this process, we have already seen some improvements to Indonesia's regulations and gains for New Zealand exporters - these will only improve following implementation of the WTO decision."

Mr McClay has given an assurance that New Zealand still has a very strong relationship with Indonesia.

"Even close friends have occasional disagreements, and the WTO helps insulate trade policy differences from wider bilateral relations."

 

Published in TRADE
Tagged under
  • Trade

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Palace of the Alhambra Spain

Palace of the Alhambra, Spain

By: Charles Nathaniel Worsley (1862-1923)

From the collection of Sir Heaton Rhodes

Oil on canvas - 118cm x 162cm

Valued $12,000 - $18,000

Offers invited over $9,000

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

Mount Egmont with Lake 

By: John Philemon Backhouse (1845-1908)

Oil on Sea Shell - 13cm x 14cm

Valued $2,000-$3,000

Offers invited over $1,500

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

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