NZ-EU sign FTA

Trade deals are a top priority says PM Hipkins. (Image: BusinessDesk)

Mon, 10 Jul 2023

Prime minister Chris Hipkins says New Zealand and the European Union inked a free trade agreement (FTA) that will see the highest immediate tariff saving delivered by any NZ FTA.“Tariff savings on New Zealand exports are $100 million from day one of the agreement entering into force,” Hipkins said. “That’s around three times the immediate savings from the UK FTA.”Under the deal, duties are removed on 91% of NZ’s goods exports to the EU from entry into force, rising to 97% after seven years.The NZ-EU FTA is ex...

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