Uk Nz Trade Agreement

Speaking to Times Radio, Peters said the “recipe” for an agreement “could have been practically signed.” A free trade agreement will help exporters and consumers while maintaining the standards that are in the minds of New Zealanders. Any agreement approved by the UK government will be fair and balanced and will be in the best interests of the whole of the UNITED Kingdom. We continue to commit to meeting our high environmental, labour, food safety and animal welfare standards in our trade agreement with New Zealand and to protecting the National Health Service (NHS). New Zealand is negotiating a free trade agreement with the United Kingdom, one of the world`s largest economies and a long-standing partner of New Zealand. However, the EU does not yet have a free trade agreement with New Zealand, although talks between the two sides began in June 2018. Peters said the UK`s EU membership was not “fit” to negotiate its own agreements around the world. The UK hopes to conclude an agreement by the end of August that will replace the existing EU agreement with Japan, which came into force last year. Truss added in his comments on POLITICO that an agreement would be a step towards a free trade agreement with a group of Asia-Pacific states. The New Zealand government, including Customs, has been very attentive to the evolution of Brexit in order to ensure that our country`s interests are maintained and put forward. We are committed at all levels, with decision-makers in the UK and the EU, particularly on trade and economic issues.

New Zealand`s goal was to ensure that we limit disruption as much as possible to New Zealanders affected by the event. 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 at the end of the second round of negotiations, which is scheduled for October. We will look at the possibility of personal negotiations, if that is for sure. Learn more about the negotiations on the EU-New Zealand Free Trade Agreement. The UK began trade negotiations with New Zealand in July, but will not be able to sign a contract until next year. So far, the UK has agreed on terms for 20 of these existing agreements, which include and must be pushed around in 50 countries or territories, and in particular with smaller trading partners.