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The Agreement in the form of an Exchange of Letters between the European Union and New Zealand pursuant to Article XXIV:6 and Article XXXVIII of the General Agreement on Tariffs and Trade 1994 relating to the modification of concessions in the schedule of Croatia in the course of its accession to the European Union
Treaty Code:
B2018-04
Treaty Type:
Bilateral/Plurilateral
Common Name:
Exchange of Letters on agreement to modification of concessions following Croatia's accession to the EU
Responsible Department:
Foreign Affairs and Trade
Administering Department:
Foreign Affairs and Trade
Treaty Status:
In Force
Treaty Summary:
When Croatia joined the EU on 1 July 2013, it was required to apply the EU common external tariff which is less liberal than Croatia’s formerly applied tariff schedule. As a consequence some New Zealand exports faced higher tariffs than our exports had previously faced into Croatia.
Under the General Agreement on Tariffs and Trade (GATT), WTO Members are entitled to compensation if their market access is negatively impacted as a result of this. Consequently, under these rules, New Zealand has been engaged in bilateral compensation negotiations with the EU since July 2013 with a view to securing trade compensation for products where Croatia’s application of the common EU tariff resulted in higher tariffs than our exports had previously faced into Croatia (particularly beef, and sheep meat).
Bilateral negotiations with the EU have now concluded, resulting in agreement to grant a small (1,875 tonne) increase in the EU’s global beef quota (which attracts a lower - 20% - tariff) and a marginal (135 tonne) increase in its Country Specific Tariff Quota (zero tariff) for New Zealand sheep meat.
New Zealand and EU officials have finalised the text of an Agreement in the form of an Exchange of Letters intended to be signed by New Zealand’s Permanent Representative to the WTO, David Walker, which will formalise the outcome of the bilateral negotiations on compensation.
NZ Adherence Status:
In Force
Adherence Type:
Third person note
Signature Date:
13/03/2018
Adherence Date:
Expired:
No
Date Concluded:
13/03/2018
Place Concluded:
Brussels
Entry Into Force Date:
01/10/2018
NZ Entry Into Force Date:
01/10/2018
Termination Date:
Withdrawal Date:
Withdrawal Notification Date:
NZ Objections:
No
NZ Reservations:
No
NZ Declarations:
No
NZ Territorial Applications:
None
NZTS Number:
NZTS 2018/06
UNTS Number:
Associated Treaties:
Other References:
Treaty Text Link:
Parties:
Adherence Type:
Third person note
Adherence Date:
Signature Date:
08/03/2018
Entry Into Force:
01/10/2018
Contact Information:
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