GACC Announcement No.2, 2017 on (Special Safeguard agst. New Zealand Milks & Creams under FTA)
[2017-01-17 14:38:57]
In accordance with China-New Zealand Free Trade Agreement (FTA), China is keeping special safeguard measures against 12 HS-Coded agricultural products from New Zealand. Till 4 January 2017, the import quantities of involved non-concentrated milks and creams (HS Codes 04012000, 04014000, 04015000) have reached 2,062 tons in total on declarations, exceeding the special-safeguard triggering norm of 2,017 tons for 2017.
Hence, as from 5 January 2017, China will levy import duties on New Zealand-originating non-concentrated milks and creams at China’s most-favored-nation duty rates. Regarding such imports in transit, their duty applicability will still be subjected to GACC Announcement No. 91 of 2008.
General Administration of Customs of China (GACC)
January 4, 2017
Hence, as from 5 January 2017, China will levy import duties on New Zealand-originating non-concentrated milks and creams at China’s most-favored-nation duty rates. Regarding such imports in transit, their duty applicability will still be subjected to GACC Announcement No. 91 of 2008.
General Administration of Customs of China (GACC)
January 4, 2017
Source: ETCN
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