Trans-Pacific Strategic Economic Partnership
The Trans-Pacific Strategic Economic Partnership Agreement (P4) is an agreement between Brunei Darussalam, Chile, Singapore, and NZ.
he P4 agreement, which stands for “Pacific 4”, came into force in 2006. Under P4, most tariffs on goods traded between member countries were removed immediately, with remaining tariffs to be phased out (by 2015 for Brunei Darussalam and 2017 for Chile).
Claiming Preference in P4 Country
The exporter or producer of a good must complete either the declaration of origin or a certificate of origin, either of which may be used by the importer to evidence the origin of the good.
Claiming Preference in New Zealand
An NZ importer may make a claim for preferential tariff treatment on the basis of a certificate of origin, a declaration of origin, or other evidence sufficient to prove that the goods satisfy the relevant rules of origin provisions. If requested by Customs, an importer claiming preference must be able to provide sufficient evidence to substantiate the claim.