New Zealand-Hong Kong (China) Closer Economic Partnership
The New Zealand-Hong Kong (China) Closer Economic Partnership provides for further elimination of border tariffs among the two Parties, including for:
- Electric generation equipment
- Mechanical equipment including pumps, appliances, and other advanced machinery
- Electric motors, transformers, batteries, and capacitors
- Motor vehicles and vehicle parts
- Mineral ore and processed products including graphite, manganese, copper, aluminum, and nickel
- Various products manufactured using above minerals and metals such as sheets, powders, bars, and plates
- Photovoltaic cells
The Partnership agreement also includes rules of origin, which state goods may benefit from preferential tariff treatment if:
- wholly produced, obtained or having undergone a significant production process (entailing a change in HS code) in one of the Parties
- meeting minimum regional value content requirements specifically defined for each good
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