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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