EU-Japan: Council adopts decision to sign trade agreement (press release, 06/07/2018) Council to start trade talks with Australia and New Zealand (press release, 22/05/2018) New architecture of trade agreements. EU and New Zealand launch trade negotiations. Indonesia is the largest economy in the Association of Southeast Asian Nations (ASEAN). Sort by status, notification to the WTO, type (either bilateral or … The UK has left the EU. An EU-NZ FTA will support the growing services and digital sectors, helping businesses of all sizes to trade. Our work with the WTO. 5. The UK … 1. New Zealand has used free trade agreements also known as closer economic partnerships to liberalise trade between economies. This consultation closed on 19 March 2019. Mexico is a trading partner with more than 50 countries, with agreements reaching into Europe, South America and Africa. Our young people keep up a contemporary connection through study, travel and working holiday schemes with many European countries. European Union (EU)-New Zealand free trade agreement. These groups often speak with one voice using a single coordinator or negotiating team. He said New Zealand was in trade negotiations with both the UK and EU. For instance, New Zealand kiwifruit company Zespri partners with Italian growers to help supply global markets all year round. We will also seek to reduce the costs of non-tariff barriers both at and behind the border. High quality means an agreement that opens up new export opportunities for our businesses, adds to the more than 620,000 New Zealand jobs that already depend on trade and helps to deliver prosperity for all New Zealanders. We’ll be providing a summary of the outcome of each round as negotiations progress. New Zealand already enjoys a number of bilateral trade cooperation agreements with the EU. New Zealand shares history and values with Europe. More information about the SIAs and how to contribute to them: Australia – New Zealand. New Zealand | Brussels, 21 June 2018. Investor State Dispute Settlement (ISDS) and investment protection provisions are not included in the EU mandate for negotiations with New Zealand, and therefore will not form part of FTA negotiations. Report on the seventh round of negotiations for a Free Trade Agreement between the European Union and New Zealand 30 March – 9 April 2020 Summary The seventh round of EU-New Zealand trade negotiations was held virtually, but covered all substantial areas. Trade and Export Growth Minister Damien O'Connor told RNZ he did not expect any more tariffs. "The negotiations will aim at removing barriers to trade in goods and services, as well as developing trade rules to make trade easier and more sustainable," the commission said. Also in line with previous free trade agreements, the FTA will include general exceptions and specific reservations to preserve the Government's right to regulate and ensure public provision in areas such as health, education, labour, environment, water, culture and heritage and other areas that are important to New Zealanders. The EU has launched negotiations for a trade agreement with New Zealand. Agreement pending Status; Argentina Mercosur Association Agreement ... New Zealand: New Zealand Agreement: Negotiations launched in 2018: Philippines: Free Trade Agreement: Negotiations launched in 2015 : Top of list; Agreements on hold. This page gathers key information on New Zealand's participation in the WTO. New Zealand formally proposed an FTA with the European Union in 2009. Background. It has opened up significant trade and economic opportunities and has been a catalyst for closer cooperation across a number of areas. The EU is New Zealand's largest trading partner with which we do not yet have a free trade agreement. 27 Nov 2020 | A number of countries have formed coalitions in the WTO. Today, in the capital of New Zealand, Wellington, Commissioner for Trade Cecilia Malmström and New Zealand’s Minister for Trade David Parker officially launched talks for a comprehensive and ambitious trade agreement. On 22 May 2018, the Council adopted conclusions addressing the way in which trade agreements are negotiated and concluded. Reports. Above, NZ-owned Moaburger in Poland. The European Union has launched negotiations for a comprehensive and ambitious trade agreement with New Zealand. New Zealand has longstanding historical, cultural, political and economic ties to Europe. In the negotiations formally launched by Commissioner Malmström and New Zealand Trade Minister David Parker on 21 June 2018 in Wellington, both sides are aiming for an ambitious and modern deal covering all aspects of the trade … New Zealand is negotiating a free trade agreement with the European Union, one of the world's largest trading entities. Following that, Commissioner Malmström and Minister Parker launched the negotiation in June 2018. For 2019, New Zealand annual goods exports to the EU were worth NZ$5.3 billion and services exports are worth NZ$3.7 billion (including the UK). 3. The negotiations with Australia and New Zealand will demonstrate that likeminded, developed partners can negotiate high quality - agreements that are mutually beneficial. We want an FTA with Europe that reduces the costs our businesses face at the border by removing tariffs (import duties) and other barriers. The original TPSEP agreement contains an accession clause and affirms the members' "commitment to encourage the accession to this Agreement by other economies". Many New Zealanders have whakapapa (ancestry) connections to European countries. The free trade agreement is a success story for both countries. The EU and New Zealand on Thursday launched negotiations for a "comprehensive and ambitious" trade agreement, the European Commission said in a statement. The EU recognises the importance of this to New Zealand, and has agreed that an EU-NZ agreement should include a Treaty of Waitangi exception provision to ensure the government can meet its obligations to Māori. These are the foundation for our modern relationship with the European Union. New Zealand | Brussels, 21 June 2018. EU-New Zealand Trade Agreement negotiations. Top of page, More information about accessibility options, Trade in wine, aromatised wine products and spirit drinks, Investment liberalisation and trade in services, Anticompetitive conduct, merger control and subsidies, Small and medium-sized enterprises (SMEs). Draft Final Report (Australia) - December 2019 Annexes - December 2019 Where EU trade agreements apply, UK and EU content will continue to count toward the rules of origin requirements in EU trade agreements until 31 December 2020, in exactly the same way as now. Initial text proposals tabled by the EU side, Last update: Making an agreement work for small and medium enterprises is a priority for New Zealand's negotiators. New Zealand is in negotiations to conclude five free trade agreements, with another process towards negotiations underway. New Zealand and Australia are also partners, as are Indonesia, Thailand and Vietnam in Southeast Asia. Eight negotiating rounds have been held since the formal launch of FTA negotiations in June 2018. Country (Region) Agreement Status; Bahrain : Free Trade Agreement: Negotiations started in 1990, suspended since … On 13 September, the European Commission presented two recommendations to the Council to launch negotiations for trade agreements with New Zealand and Australia, together with the respective draft negotiating directives. Our services exports are mainly tourism and transportation services. It represents about 35% of the region's GDP and has the largest population (264 million inhabitants in 2017). New Zealand is currently in negotiations with the European Union (EU) over a potential Free Trade Agreement (FTA). The Pacific Island Countries Trade Agreement (PICTA) is an FTA on trade in goods among 14 members of the Pacific Islands Forum. Our negotiators will preserve the unique status of the Treaty of Waitangi. As in every FTA negotiation, New Zealand will seek comprehensive liberalisation of all goods that we trade with the EU within commercially meaningful timeframes. We work together in a wide range of areas, from development in the Pacific, to scientific collaborations, to countering security threats like terrorism and cyber-crime. New Zealand and the WTO. The EU has launched negotiations for a trade agreement with New Zealand. No further FTA negotiating rounds have been scheduled. New Zealand's membership of the WTO gives us a voice and a vote in global free trade negotiations. Read our analysis on Senator Elizabeth Warren’s plan here and former representative Beto O’Rourke’s Pending wholesale reform of our legislation along those lines, we would want any proposals for recognition of professional qualifications as part of a trade agreement with New Zealand or other countries to follow that sort of approach. 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