Another important aim of the WTO is to clarify
and strengthen the rules used to govern international
trade. For a small trading nation such as New
Zealand, it is important for all countries
to have access to clear, enforceable trading
facilitation - NZ has strong interest
in negotiations that could reduce business
- trade remedies allow governments to provide temporary
relief to domestic industry from unfair competition
from abroad or an unexpected surge in imports.
- non-tariff barriers (NTBs) have a similar effect
to tariffs by increasing the compliance costs of
getting a product into an overseas market.
of origin - a shirt sewn in Fiji from
Indian cloth cut in Malaysia to an NZ pattern.
valuation - without WTO rules exporters
could be overcharged duty on exports.