ANNOUNCEMENT 25 Mar 2020
On 25 March 2020, the government of New Zealand announced temporarily removing import tariffs on certain medical and hygiene products.
NUMBER OF INTERVENTIONS
New Zealand Customs Service, Tariff Concession Notices, “Tariff Concession Approvals, Withdrawals and Declines Notice (No.11) 2020”. Available at: https://www.customs.govt.nz/globalassets/documents/tariff-concession-notices/tariff-concession-approval-notice-11-2020.pdf
New Zealand Customs Service, Tariff Concessions. Available at: https://www.customs.govt.nz/covid-19/for-businesses/tariff-concessions/
The official website of the New Zealand Government, Releases, “Tariff concessions on COVID-19 related products”. Available at: https://www.beehive.govt.nz/release/tariff-concessions-covid-19-related-products
On 25 March 2020, the government of New Zealand announced temporarily removing import tariffs on certain medical and hygiene products. The decision is taken through the Tariff Concession Notice (11) 2020 of the New Zealand Customs Service. According to the decision, effective from 25th of March 2020, import tariffs on soaps (of a kind suitable for use in the COVID-19 event) classified under the tariff heading 3401 and diagnostic reagents (COVID-19 testing kit) classified under the tariff heading 3822 are temporarily abolished. Previously, the import tariffs on soaps and diagnostic reagents were 5% and 3.8% respectively.
Concerning the decision, Commerce and Consumer Affairs Minister Kris Faafoi said “Even though New Zealand already has low tariffs overall, and a significant proportion of our imports are tariff-free thanks to our free trade agreements, some imported products required for the COVID-19 response remain subject to tariffs. Removing tariffs on these products will reduce their cost of imports and facilitate access to them from the widest possible range of overseas suppliers.”
Furthermore, Trade and Export Growth Minister David Parker and Commerce and Consumer Affairs Minister Kris Faafoi said: “Officials are in the process of identifying other medical and hygiene products needed for the COVID-19 response, and further tariff concessions will follow shortly.”
Tariff concessions on the subject products will expire on 30 June 2020.