Mutual Recognition Agreement with Hong Kong a step closer
11.42am 15 December 2017 | News
A Mutual Recognition Arrangement (MRA) between New Zealand and Hong Kong Customs is a step closer following the signing of an Action Plan to further progress the development of an arrangement.
Customs GM Policy, Legal and Governance, Michael Papesch signed the plan on behalf of New Zealand Customs with Assistant Commissioner (Excise and Strategic Support) Mr Jimmy Tam signing on behalf of Hong Kong Customs and Excise.
“It is an important milestone for both agencies. An MRA will lead to significant benefits for exporters and importers who trade between us, and include more streamlined customs procedures and improved customer experience of border services, while also providing greater assurance that risks will be managed appropriately so legitimate trade can flow more smoothly,” says Mr Papesch.
“By developing and implementing an MRA we will build a closer working relationship, which will enable our agencies to collaborate more closely in the future.
“In practical terms, MRAs mean that exporters who sign up to our MRA programme, the Secure Export Scheme, will be seen as a ‘low security risk’.