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Teutons, Kiwis ink a co-prod’n pact

Business, film reps will monitor deal

COLOGNE — The governments of Germany and New Zealand have signed a co-production agreement.

Accord will facilitate financial support for producing partners from the countries’ film funding coffers. According to the guidelines, a project qualifies for public support from both countries if one partner accounts for between 20% and 80% of its financing.

The countries will establish a commission of representatives from the political and film world to monitor the pact. Agreement was signed in Wellington by New Zealand’s Prime Minister Helen Clark and by German Foreign Minister Joschka Fischer.

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