Trade boost for Central Otago cherry growers
Waitaki MP Jacqui Dean said Central Otago cherry growers were already benefitting from the National-led Government’s focus on trade and more was yet to come.
“Cherry exports are up 150 per cent, or $12.4 million, to Chinese Taipei since new trade agreements came into force.
"ANZTEC , which came into force in December 2013, is an Economic Cooperation Agreement between New Zealand and the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu.
"Exports of New Zealand wine to Chinese Taipei have also grown 56 per cent to $1.3 million since a 10 to 20 percent tariff on wine was removed.
“These results are fantastic for Central Otago and will lead to more jobs and more opportunities for the people of the region.
“On top of this, cherry and other exporters can look forward to reaping the benefits of other trade agreements in the pipeline.
"New Zealand’s free trade agreement with Korea will eliminate a 24 percent tariff on cherries. We look forward to that agreement kicking in very shortly.
“Under the Trans Pacific Partnership (TPP), all tariffs on cherries will be eliminated within six years except for cherries sold to Japan, where the tariff will be immediately cut by half, and then gradually eliminated over time.
“Tariffs on cherries to TPP countries were as high as 20 per cent for Mexico.
“The Government has a big focus on trade and I’m delighted that Central Otago exporters are already seeing the benefits.”
Authorised by Jacqui Dean MP, 127 Thames Street, Oamaru