NewsCase StudiesEvents

Negotiations on the UK’s future trading relationship with New Zealand: Update

Also in the news...

Safety and security requirements on imports and exports

Find out about new safety and security declarations that will apply from 1 October 2021 on goods leaving Great Britain (England, Scotland and Wales).

How to open a company in the USA while maintaining residence in Italy

It is one of the best ways for the Italian citizen to manage their business. This corporate vehicle allows access to multiple advantages of an advanced jurisdiction such as the US and also manages to maintain a low tax rate with very manageable levels of accounting and bureaucracy.

UK-ASEAN Joint declaration

Joint Ministerial Declaration on Future Economic Cooperation between the Association of Southeast Asian Nations (ASEAN) and the United Kingdom of Great Britain and Northern Ireland (UK).

DUBAI EXPO STARTS NEXT MONTH - AND IT'S NOT TOO LATE TO JOIN!

These are exciting times for Dubai and the UAE. With the entire business world’s attention soon to turn to the Emirates with the delayed Expo 2020 kicking off in October (and continuing all the way through to the end of March next year) it’s never been a better time to be a UAE business owner

UK Shipping Concierge

The concierge service provides a one-stop shop to help maritime businesses interact with government departments.

Negotiations on the UK’s future trading relationship with New Zealand: Update

Back to News

Trade negotiators from the UK and New Zealand held the first round of negotiations for a UK-New Zealand Free Trade Agreement (FTA) between 13th and 24th July 2020.

We are now one step closer to an ambitious, wide-ranging free trade agreement with one of our oldest friends. An FTA with New Zealand can bring investment, better jobs, higher wages and more affordable prices just when we need them the most. Both teams of negotiators recognised the unprecedented circumstances we find ourselves in and reiterated that more global trade is essential to support post-Covid economic recovery. Negotiations were conducted virtually and covered a comprehensive set of discussions across areas of a trade agreement.

The discussions covered:

  • Anti-Corruption
  • Clean Growth
  • Competition
  • Cross-cutting general provisions
  • Customs
  • Digital trade
  • Domestic Regional Economic Development
  • Environment
  • Financial Services
  • Trade in Goods and Trade Remedies
  • Good Regulatory Practice
  • Indigenous Trade
  • Intellectual Property
  • Investment
  • Labour
  • Procurement
  • Rules of Origin
  • Services, including Mobility
  • Small and Medium-sized Enterprises
  • State Owned Enterprises
  • Sanitary and Phytosanitary Measures
  • State to State Dispute Settlement
  • Technical Barriers to Trade
  • Telecommunications
  • Trade and Development
  • Trade and Women’s Economic Empowerment
  • Transparency

Discussions between negotiators were productive and reflected our shared ambition to secure a comprehensive deal to boost trade and investment between our like-minded economies. Teams discussed their respective objectives and agreed a forward plan for future talks. Our positive discussions in round one have laid the groundwork for the UK and New Zealand to achieve high-quality outcomes across the agreement.

The UK and New Zealand are aligned in many areas which will enable us to make quick progress across many chapters. In discussions, both countries emphasised a desire to be particularly ambitious in areas including enhancing digital trade, boosting cross-border trade in services and investment, reducing uncertainty and burdens on exporters from customs procedures, and promoting good regulatory practices. Discussions also provided an opportunity for both teams to consider how we can work together across the agreement to support important agendas such as women’s economic empowerment, trade and development, indigenous trade, clean growth and climate action, and ensuring Small and Medium sized Enterprises can benefit from the FTA.

The Government is committed to negotiating a comprehensive agreement with New Zealand and we look forward to making further progress. The Government will make its next statement on progress following the second round of talks, which is currently planned to take place in October. We will explore the option of face-to-face negotiations when it is safe to do so.

gov.uk

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.