Bollywood deal signed
June 29, 2011 § Leave a comment
Today the Prime Minister’s office released a press statement revealing that a Film Co-Production Agreement had been signed between India and New Zealand. According to the press release:
“Film co-production agreements allow approved film and television projects to gain the status of “official co-productions” which gives film projects access to the benefits accorded to national films in each of the co-producers’ countries. This includes access to funding and incentives, as well as facilitating temporary immigration and importation of equipment – within existing regulations.”
The NZ Actors’ Guild sees potential benefits for New Zealand performers and film industry professionals and is more than happy to work with co-productions to ensure that these benefits bear fruit. We are excited by the prospects for film and television professionals from all crafts not only in New Zealand but India as well.