Japan cuts wood duty
PA Wellington Japan has announced cuts in duty on imported wood products after requests from New Zealand and other countries, said the Minister of Overseas Trade and Marketing, Mr Moore.
The New Zealand products included pine, fibreboard, reconstituted wood and unfinished timber.
The largest duty cut would be on veneers, down from 15 per cent to 5 per cent on April 1, 1987, Mr Moore said. On some finished radiata pine, the duty would drop from 10 per cent to 8 per cent on the same date, while the duty on
unfinished timber would be cut to 4.8 per cent.
Mr Moore said New Zealand’s case had been pressed under the Japanese “action programme,” and on occasions such as the Japanese Prime Minister’s visit to New Zealand last year. “We are very pleased by the cuts because it is an important growth area for our economy,” Mr Moore said. “This move will boost exports and jobs.”
A further submission to the Japanese Government was now being prepared to seek greater access for New Zealand products in other areas, he said.
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Press, 31 January 1986, Page 23
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184Japan cuts wood duty Press, 31 January 1986, Page 23
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