New di­rec­tor for Trade Of­fice in Tai­wan

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Si'alei van Toor has been ap­pointed di­rec­tor of the New Zealand Com­merce and In­dus­try Of­fice (NZCIO) in Taipei. NZCIO is a sub­sidiary of the Welling­ton Em­ploy­ers' Cham­ber of Com­merce and pro­motes New Zealand's eco­nomic and cul­tural in­ter­ests in Tai­wan.

Cham­ber CEO Raewyn Bleak­ley says Tai­wan is New Zealand's 10th big­gest ex­port mar­ket and a sig­nif­i­cant source of in­vest­ment, tourists and in­ter­na­tional stu­dents.

“An­nual two-way trade with Tai­wan cur­rently stands at around NZ$1.66 bil­lion, and the Cham­ber is keen to fur­ther strengthen eco­nomic links. Si'alei van Toor is well-po­si­tioned to pur­sue op­por­tu­ni­ties, given her trade ex­pe­ri­ence and deep un­der­stand­ing of the re­gion.”

The agree­ment be­tween New Zealand and the Cus­toms Ter­ri­tory of Tai­wan, Penghu, Kin­men, and Matsu on Eco­nomic Co­op­er­a­tion (ANZTEC) came into force in De­cem­ber last year. It will deliver the com­plete re­moval of tar­iffs on 99 per­cent of New Zealand's cur­rent ex­ports to Tai­wan over four years, and 100 per­cent within 12 years.

“ANZTEC im­me­di­ately gen­er­ated nearly $40 mil­lion of tar­iff sav­ings on cur­rent trade. Once fully im­ple­mented, tar­iff sav­ings will reach an es­ti­mated $75.8 mil­lion each year,” says Bleak­ley.

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