Page 138 - Export and Trade

Glossary

Trading Words
goods in favour of locally produced For more information, please consult www.mfat.govt.nz
equivalents.
Cabotage
Wharfage/Wharf Handling
The right of foreign vessels to engage in
These are port charges usually shipping services between ports within
payable both at shipment and the
the same country – i.e. to engage in
discharge port. Wharfage is a charge coastal shipping.
on the cargo levied by the port
authority on the shipper basically Non-tariff barriers
for using the port facilities. A charge Government measures, other than
will be levied at each end by the WDULIIV WKDW UHVWULFW WUDGH ÀRZV
respective ports: a goods outwards Examples include quantitative
wharfage for exports, goods inwards restrictions, import licensing, standards
wharfage for imports. Wharf handling and conformance regulations.
(also known as the port service Rules of origin
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The production and content criteria
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the shipping company. Basically it GH¿QLQJ ZKHUH JRRGV FRPH IURP ± H J
in CER at least half the factory price of
covers the marshalling costs, i.e.
taking cargo from the wharfside to the goods must comprise New Zealand
input for them to be of New Zealand
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would include normal storage costs. origin.
Nowadays wharf handling or port Services
service charges are usually included In the WTO context, services are
in the shipping company’s freight anything you can buy or sell but cannot
UDWH WKRXJK LW LV DV ZHOO WR FRQ¿UP drop on your foot.
WKLV ZKHQ REWDLQLQJ D UDWH For more Tariffs
information, please consult
A tax levied on imported goods as
www.mfat.govt.nz
they cross the border. These may be
a percentage of the product’s value
or a set monetary amount, known as
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including New Zealand, there is a
difference between a permissible
maximum, or ‘bound’ rate agreed in the
WTO and the lower unbound or ‘applied’
rate levied on imports.
Trade policy
The complete framework of laws,
regulations, international agreements
and negotiating stances adopted by
Government to achieve legally binding
market access to overseas markets
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Ministry of Foreign Affairs and Trade
concentrates on trade policy as opposed
to trade promotion, which is undertaken
by NZ Trade and Enterprise.

136 NZ Export & Trade Handbook 2018