New Zealand introduced its DFQF scheme for LDCs in July 2001. The scheme is part of New Zealand’s GSP, which first came into force on 1 January 2001. Since its inception in 2001, all tariff lines are included in the scheme. The rules of origin for LDCs are more liberal than for various other preferential trading partners.
Utilization by LDCs:
In 2017, total imports from LDCs were US$ 138.7 million. All LDC imports are exempted from tariffs and quotas, either via MNF or via the LDC specific GSP scheme.
Available Smooth Transition Procedures:
There are no explicit smooth transition provisions in case of New Zealand’s GSP scheme. However, New Zealand still extends DFQF access to Cape Verde, Maldives, and Samoa which graduated in 2007, 2011 and 2014.