Uk New Zealand Free Trade Agreement

Uk New Zealand Free Trade Agreement

When asked what New Zealand offered the UK as a trading partner, he replied: « We offer a country that can make trade deals first. » The discussions between the negotiators were productive and reflect our common desire to reach a comprehensive agreement to promote trade and investment among our like-minded economies. The teams discussed their respective objectives and agreed on a future plan for future discussions. Our positive discussions in the first round laid the foundation for Britain and New Zealand to achieve quality results across the agreement. The Government is committed to negotiating a comprehensive agreement with New Zealand and we look forward to further progress. The Government will make its next statement on the progress made following the second round of discussions, currently scheduled for October. We will look at the possibility of personal negotiations, if that is certain. Truss added in comments to POLITICO that a deal will be a step toward joining a free trade agreement with a group of Asia-Pacific nations. Stay in touch to share your views on the New Zealand-UK Free Trade Agreement. The UK opened trade talks with New Zealand in July, but will only be able to sign an agreement next year. In an interview with Times Radio, Peters said the « recipe » for a deal « could have been practically signed » already. » The UK says it wants to join a free trade agreement involving 11 Asia-Pacific countries. In addition to talks on a trade deal with the EU, however, it has opened trade negotiations with a number of countries outside the bloc.

So far, the UK has agreed on conditions for exceeding 20 of these existing agreements, covering 50 countries or territories and most often with smaller trading partners. A free trade agreement will help exporters and consumers while maintaining important standards for New Zealanders. As a member of the EU, the UK was automatically part of some forty trade agreements concluded by the EU with more than 70 countries. New Zealand and Britain officially began free trade negotiations today. « DIT is focused on safeguarding free trade agreements that ensure benefits for every region and nation in the UK, and discussions are ongoing. After its exit from the European Union, the United Kingdom intends to negotiate trade agreements to replace and supplement the trade agreements in which it participated as a member of the European Union`s customs union. . . .

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