New data sharing deal to give Kiwi exporters China trade advantage
A recently launched joint data sharing system looks to give Kiwi exporters a competitive advantage, according to new reports from Customer Minister Nicky Wagner.
Wagner says the deal, with Chinese Customs, gives Kiwi exporters a big advantage over other exporters to China.
“Having the Joint Electronic Verification System (JEVS) operational gives New Zealand a big advantage over other exporters to China as we are only the second country in the world to have this sort of system in place with them,” she explains.
Wagner says JEVS makes the customs process simpler to accelerate border clearance, provide greater assurance over goods, and decrease the risk of goods being held up due to minor issues.
“The new joint system automatically sends New Zealand’s Certificate of Origin data to China electronically,” says Wagner.
“A Certificate of Origin is important because it allows overseas clients to claim tariff benefits,” she explains.
“It will give New Zealand businesses the opportunity to maximise our Free Trade Agreement with China while minimising the risk of goods being held up at the border,” add Wagner.