Australia signs agreements to streamline trade
A recent update from the Department of Immigration & Border Protection highlights the Mutual Recognition Arrangement between Australia and New Zealand Customs Service (NZCS), signed during the recent World Customs Organisation’s council session in Brussels in July.
The MRA formally recognises supply chain security programs between customs agencies and provides reciprocal benefits to each country’s trusted partners. The MRA will also provide Australia and New Zealand’s border agencies with greater end-to-end assurance over imports and exports.
The Australia-New Zealand MRA will ensure that members of the Australian Trusted Trader (ATT) programme and the NZCS Secure Exports Scheme receive preferential border treatment and trade facilitation benefits when conducting trans-Tasman trade.