Tag Archives: New Zealand – European Union Free Trade Agreement

In a pivotal moment for New Zealand’s international trade relations, the New Zealand International Business Forum (NZIBF) and Export NZ have come forward to support the New Zealand – European Union Free Trade Agreement Legislation Amendment Bill. As representatives of a broad spectrum of New Zealand’s export sector, their submission underscores the critical balance between seizing new market opportunities and addressing the technical concerns that may arise from the agreement’s implementation.

New Zealand is poised on the brink of a significant economic milestone with the First Reading of legislation in Parliament, paving the way for the ratification of the New Zealand – European Union Free Trade Agreement (FTA). This critical step marks the culmination of almost a decade of negotiations and sets the stage for a transformative era in trade relations between New Zealand and the European Union.

The EU and New Zealand have today concluded negotiations for a Trade Agreement, which is set to open significant economic opportunities for companies and consumers on both sides. The deal also includes unprecedented sustainability commitments, including respect of the Paris Climate Agreement and core labour rights, which are enforceable through trade sanctions as a last resort.