The New Zealand-Taiwan MRA, like similar MMA, applies to the testing and certification of electrical and electronic products, but is the first agreement including plant inspection and certification. The MRA applies to the safety of electrical and electronic equipment for certa and electrical equipment, but excludes, among other things, telecommunications products (which are part of the APEC Agreement on mutual recognition of compliance equipment to which Entha is subject for the compliance assessment of telecommunications equipment, which is not signed in New Zealand). In their resolution of 21 December 1989, EU countries agreed on the principles of the MRA. On 21 September 1992, they authorised the European Commission to negotiate mutual recognition agreements with certain third countries on behalf of the EU. Under the bilateral agreement concluded by EU countries on 18 June 1998, the EU and New Zealand accept the results of the compliance assessment, which the designated compliance assessment bodies apply for certain industrial products. The Trans-Tasman Mutual Recognition Agreement (TTMRA) is a market-close MRA (equivalent) that allows the sale of a product on the market of one partner based solely on the sale of the product on the other partner`s market. This agreement allows products to be tested, examined and certified in the European Union before being exported to New Zealand, and vice versa. They find that products tested or certified in accordance with the requirements of the destination market can be evaluated in the manufacturing market. The EEA MRA enables the compliance assessment process in New Zealand to be carried out by accredited New Zealand compliance assessment agencies and plant inspectors. This means that the product does not need to be sent to China to be tested and that Chinese factory inspectors do not need to be transported to New Zealand. The audit included MMAs for electrical and electronic products with China, the European Union (EU), Singapore and Taiwan, as well as a number of industrial products with the EU. With TTMRA facilitating trade, it plays an important role in the development of a trans-Tasman SEM.
Combined with interregulatory recognition, the regime shows how a form of high-level agreement between regulators creates and facilitates the functioning of the market. TTMRA, by its application only to products exchanged directly between the two partners and their legislation, is a somewhat atypical and unique form of MRA. In practice, it provides proof of compliance with partner legislation within certain prescribed limits. It could be described as a transfer of privilege and not as a right, as is normally the function of other MRAs. The TTMRA is promulgated in New Zealand by TTMRA 1997 and reflects legislation in the states and territories of Australia. It is interesting to note that TTMRA is not always applied in the trans-Tasman market, as one would expect.