Tag: Zespri

Kiwifruit winner in TPP Agreement

Press Release – Zespri The Trans-Pacific Partnership (TPP) Agreement will generate significant value for the New Zealand kiwifruit industry and Zespri welcomes the signing of the Agreement today in Auckland. Zespri Chief Executive Lain Jager explains the TPP will eliminate … 4 February 2016 Kiwifruit winner in TPP Agreement The Trans-Pacific Partnership (TPP) Agreement will generate significant value for the New Zealand kiwifruit industry and Zespri welcomes the signing of the Agreement today in Auckland. Zespri Chief Executive Lain Jager explains the TPP will eliminate tariffs on kiwifruit exports into all 12 Asia-Pacific nations when it comes into force, with the biggest impact to be seen in Japan. In 2014, the industry paid over $15 million in tariffs into Japan which is Zespri’s largest country market. “Kiwifruit growers would save over $1000 for every hectare of kiwifruit grown in New Zealand, if this tariff relief was passed straight through to New Zealand growers. This tariff elimination will also benefit Japanese consumers by supporting our competitiveness against other fruit in Japan,” says Mr Jager. Annual sales volumes to Japan are expected to increase around 10 percent over the next five years. The other countries in the agreement – Brunei, Chile, Singapore, USA, Australia, Peru, Vietnam, Malaysia, Mexico, Canada – either do not have tariffs on kiwifruit, have existing free trade agreements with NZ or do not currently import NZ kiwifruit....

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Win for kiwifruit industry in TPP Agreement

Press Release – Zespri Zespri welcomes the conclusion of negotiations in the Trans-Pacific Partnership (TPP) Agreement which will generate significant value for the New Zealand kiwifruit industry.Win for kiwifruit industry in TPP Agreement Zespri welcomes the conclusion of negotiations in the Trans-Pacific Partnership (TPP) Agreement which will generate significant value for the New Zealand kiwifruit industry. The TPP will eliminate tariffs on kiwifruit exports into all 12 Asia-Pacific nations when it comes into force and Zespri Chief Executive Lain Jager explains the most immediate impact will be in Japan. In 2014, the industry paid over $15 million in tariffs into Japan which is Zespri’s largest country market. “If this tariff relief was passed straight through to New Zealand growers, it would equate to savings of over $1000 for every hectare of kiwifruit grown in New Zealand. This tariff elimination will also benefit Japanese consumers by supporting our competitiveness against other fruit in Japan,” says Mr Jager. Annual sales volumes to Japan are expected to increase around 9 percent over the next five years. The other countries in the agreement – Brunei, Chile, Singapore, USA, Australia, Peru, Vietnam, Malaysia, Mexico, Canada – either do not have tariffs on kiwifruit, have existing free trade agreements with NZ or do not currently import NZ kiwifruit. “We congratulate all those who have worked tirelessly to achieve this fantastic outcome for our industry, including...

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Zespri looks forward to sales growth in South Korea

Press Release – Zespri Zespri looks forward to sales growth in South Korea following passage of Tariff Amendment BillZespri looks forward to sales growth in South Korea following passage of Tariff Amendment Bill Zespri welcomes the passage of the Tariff Amendment Bill through parliament yesterday, which is a significant step towards the implementation of the Free Trade Agreement (FTA) with South Korea. The agreement will provide significant benefit for the New Zealand kiwifruit industry. Ratification of the FTA this year would mean a 33% reduction in tariffs on exports of New Zealand kiwifruit to South Korea for next year’s kiwifruit season. During 2014, Zespri growers paid approximately $22 million in tariffs, with the rate set at 45 percent. The tariff for kiwifruit will reduce to zero over the next five years. Zespri CEO Lain Jager comments, “We congratulate all those who have worked tirelessly to achieve this result. For Zespri, the elimination of the tariff means that we will be able to offer more competitive pricing to Korean consumers and therefore maintain a competitive position in the market as well as providing greater returns to New Zealand kiwifruit growers. This is a fantastic outcome for the industry and will ensure that South Korea remains a priority market for Zespri.” Zespri is projecting annual sales volume growth in Korea of over 10 per cent during the next five years. “Zespri...

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