Problems relating to Trade and Investment on New Zealand
9. Restrictive export/import trade, duty, and customs clearance |
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Issue |
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| (1) Excessive Control upon Timber Processing Industries | - While raw wood itself has gotten stronger in competitive edge, by high labour cost relative to developing countries, environmental control on timber processing factories (TPFs), regulatory standard control, stricter safety control, concentration of R&D into raw wood material itself instead of processed products, etc., processed products (processing factories) have rapidly lost competitive strength. It goes nowhere but down only. (It makes more profit to sell the raw wood itself, without processing.) | - It appears Government of New Zealand (GNZ) could be better off by shifting its gear toward export expansion, as it were shooting three birds with a single stone:- (boosted sales, improved profit rates, and mushrooming creation of employment). | |
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