NZ-UK bring FTA start date forward to end of May

Fri, 05 May 2023

New Zealand and the United Kingdom have agreed to bring the entry into force of their free trade agreement forward to May 31.“From day one, New Zealand exporters will save approximately $37 million per year in tariff elimination alone, so the earlier-than-expected entry into force is a much-needed boost for our exporters right now,” prime minister Chris Hipkins said.Exporters and businesses now have 3.5 weeks to prepare for the entry into force date. For some sectors, this will include quota administration. The aim had been to...

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