PACER Plus highlights PACER Plus is a trade and development agreement which streamlines trade, cuts red tape and reduces compliance costs. For Pacific Island countries, the agreement helps to increase exports and attract investment. It reduces tariffs across the region, improves transparency for businesses, and provides more liberal rules of origin, which makes it easier to determine what qualifies as a Pacific Island product. It helps to create opportunities for Pacific exporters to get their products and services into Australian and New Zealand markets, and trade throughout the region. PACER Plus improves market access for New Zealand suppliers and investors. It provides greater certainty around tariffs and creates efficiencies in clearing customs. It also provides New Zealand businesses with legal protections that guarantee market access and treatment equivalent to that given to local and foreign competitors, unless subject to specific exceptions.