Reports. New Zealand is negotiating a free trade agreement with the European Union, one of the world's largest trading entities. MEMBER INFORMATION. In 2017/2018 both sides finalised their mandate for negotiations. Mexico is a trading partner with more than 50 countries, with agreements reaching into Europe, South America and Africa. We seek an agreement that increases opportunities and reduces barriers for Māori businesses in one of the world’s biggest markets. 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. Above, members of the NZ Defence Force perform a haka beneath the Arc de Triomphe, Paris. On this basis, EU trade agreements can continue to apply to the UK. A monitoring database on Free Trade Agreement developments with Asia Pacific economies. An agreement that sets a global benchmark on social and environmental priorities – like climate change, gender equality, indigenous rights, labour standards and sustainable and inclusive economic growth. New Zealand's membership of the WTO gives us a voice and a vote in global free trade negotiations. In addition, the UAE has signed free trade agreements with Singapore (through the GCCs agreement with the nation) and New Zealand, and has engaged in talks about the establishment of similar arrangements with the European Union, Japan, Australia, South Korea, India, Brazil, China, Argentina, Pakistan, Paraguay, Turkey, and Uruguay. trade topics; doha agenda; negotiating groups; Groups in the negotiations. Both parties share a commitment to the same fundamental values, such as respect for human rights, democracy and the rule of law. New Zealand | Brussels, 21 June 2018. Eleven countries — Cook Islands, Fiji, Kiribati, Nauru, Niue, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu — have so far ratified PICTA. European Union (EU)-New Zealand free trade agreement. Brunei, Chile, Singapore and New Zealand are parties to the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP), which was signed in 2005, and entered into force in 2006. SIA in support of free trade agreement (FTA) negotiations between the European Union and Australia, and between the European Union and New Zealand. Public engagement on trade New Zealanders are invited to public meetings to learn more about our trade negotiation agenda. The Regional Comprehensive Economic Partnership (RCEP) is made up of 10 Southeast Asian countries, as well as South Korea, China, Japan, Australia and New Zealand. Sort by status, notification to the WTO, type (either bilateral or … The Department for International Trade is preparing for possible negotiations with New Zealand after the UK leaves the EU on 29 March 2019. Once an agreement is reached, it will be released for public scrutiny, as will a National Interest Analysis. These groups often speak with one voice using a single coordinator or negotiating team. We want an FTA with Europe that reduces the costs our businesses face at the border by removing tariffs (import duties) and other barriers. New Zealand formally proposed an FTA with the European Union in 2009. New Zealand has been a … 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. ... MFAT leads New Zealand's negotiations for high quality, comprehensive free trade agreements. This will help level the playing field with New Zealand's competitors in the EU. Initial text proposals tabled by the EU side, Last update: As with our other free trade agreements, we will preserve the unique status of the Treaty of Waitangi. The UK … We're aiming for a high-quality, comprehensive agreement with the EU’s 27 member states. 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. We want to ensure this FTA works for companies of all sizes, big and small. Trade links foster mutually beneficial cooperation. The UK has left the EU. Read our analysis on Senator Elizabeth Warren’s plan here and former representative Beto O’Rourke’s The negotiations aim overall to reduce barriers to trade, goods and services and procurement. The EU has issued a notification to third c… The negotiations with Australia and New Zealand will demonstrate that likeminded, developed partners can negotiate high quality - agreements that are mutually beneficial. Public consultations since late 2017 have included discussions on the EU-NZ FTA. A Closer Economic Partnership Agreement with Thailand was negotiated in 2004 and implemented in 2005. These agreements reduce barriers to trade, including tariffs and import quotas, to build strong cooperation in the … New Zealand is opposed to ISDS. We want to hear more of New Zealanders' views throughout the FTA process. The EU is looking for New Zealand to recognise and protect these names as GIs. 1. Originally scheduled to take one week, it was eventually extended by almost another week to enable … These agreements pave the way for negotiations on a free trade agreement (FTA) between the EU and New Zealand. The Withdrawal Agreement sets out how the UK is able to continue to be covered by EU-third country trade agreements until 31 December 2020. New Zealand and Australia are also partners, as are Indonesia, Thailand and Vietnam in Southeast Asia. New Zealand is negotiating a free trade agreement with the European Union, one of the world's largest trading entities. New Zealand Prime Minister, meets with German Chancellor Angela Merkel in 2018. We're aiming for a modern, high-quality agreement. Regional and bilateral free trade agreements have become an important part of New Zealand's international trade policy. This provision will be consistent with all of New Zealand’s recent FTAs. These are some of the most active groups in the WTO. Above, NZ-owned Moaburger in Poland. The UK’s priority is to launch negotiations with the US, Australia and New Zealand. 27 Nov 2020 | On 26 October 2017 the European Parliament adopted two resolutions in which it called on the Council to authorise the Commission to start negotiations for trade and investment agreements with Australia and with New Zealand. He said New Zealand was in trade negotiations with both the UK and EU. On 22 May 2018, the Council adopted conclusions addressing the way in which trade agreements are negotiated and concluded. Our services exports are mainly tourism and transportation services. 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. However it is essential that any liberalisation of the registration process provides Trade and Export Growth Minister Damien O'Connor told RNZ he did not expect any more tariffs. In the conclusions it adopted in October 2019, the Council stressed the importance of taking steps towards the resumption of negotiations on an ambitious and comprehensive trade agreement … Since 2015, the Commission has been preparing the ground for a free trade agreement (FTA) with both countries. EU and NZ leaders announced their intention to negotiate an FTA in October 2015. We will also seek to reduce the costs of non-tariff barriers both at and behind the border. 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. Draft Final Report (Australia) - December 2019 Annexes - December 2019 New Zealand is a party to a number of completed free trade and investment agreements. Negotiations on a trade agreement with Thailand were launched in March 2013 and four rounds took place until April 2014. The EU has launched negotiations for a trade agreement with New Zealand. This is list of free-trade agreements between two sides, where each side could be a country (or other customs territory), a trade bloc or an informal group of countries.. The UK has left the EU. New Zealand has longstanding historical, cultural, political and economic ties to Europe. However it is essential that any liberalisation of the registration process provides 2. Zealand, to the United States on March 25-28 of pursuing a bilateral free trade agreement with New Zealand. Two-way trade between New Zealand and the EU (excluding the UK) is worth NZ$18 billion annually. The EU is New Zealand's largest trading partner with which we do not yet have a free trade agreement. The EU and New Zealand on Thursday launched negotiations for a "comprehensive and ambitious" trade agreement, the European Commission said in a statement. 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. The EU includes four of New Zealand’s top 20 trading partners – Germany, France, Italy and the Netherlands. A number of countries have formed coalitions in the WTO. Before Brexit, the UK was automatically part of any trade deal the EU reached with other countries. 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. 3. New Zealand is currently in negotiations with the European Union (EU) over a potential Free Trade Agreement (FTA). "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. It represents about 35% of the region's GDP and has the largest population (264 million inhabitants in 2017). 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). This is the third in a series on 2020 presidential candidates and their trade policies. 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 … You can read more about our objectives here. 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. New Zealand is in negotiations to conclude five free trade agreements, with another process towards negotiations underway. Negotiations were formally launched in June 2018 and the first round of talks took place in July 2018 in Brussels. MEMBER INFORMATION: New Zealand and the WTO - This page gathers key information on New Zealand's participation in the WTO. Last updated December 2020. Anyone with an interest in this agreement, including Māori, NGOs, businesses and members of the public, is welcome to submit questions or feedback to the Ministry of Foreign Affairs and Trade. EU and New Zealand launch trade negotiations. The UAE has always looked to strengthen its trade and economic relations with other nations on basis of mutual benefits and strategic partnership. This consultation closed on 19 March 2019. Launch of negotiations . It has opened up significant trade and economic opportunities and has been a catalyst for closer cooperation across a number of areas. We called for submissions in late 2018 on the EU’s list of wine, spirits and food product names they want recognised and protected in New Zealand as part of the EU-NZ free trade agreement negotiation. New Zealand imported $3.3 billion in services and $11.5 billion in goods from the EU (including the UK) in 2019. Bilateral trade in goods between the two partners has risen steadily in recent years, reaching almost €8.7bn in 2017. Eight negotiating rounds have been held since the formal launch of FTA negotiations in June 2018. With more Free Trade Agreements (FTAs) than any other country, Mexico serves as a strong export platform to its U.S. neighbor and the world. Our negotiators will preserve the unique status of the Treaty of Waitangi. As of 1 January 2021, EU trade agreements no longer apply to the UK. > See the groups ordered by country > See a visual representation of how the agriculture groups … 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. Note: Every customs union, common market, economic union, customs and monetary union and economic and monetary union is also a free-trade area.. For fully multilateral agreements (not included … 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. Background. These are the foundation for our modern relationship with the European Union. New Zealand | Brussels, 21 June 2018. Trade negotiators from New Zealand were in Brussels from 16 to 20 July 2018 for the first round of negotiations for a trade agreement with the EU. Partnering with European Union countries represents a huge opportunity for New Zealand exporters, opening up a market with a combined population of half a billion people who consume about 13 per cent of our overall exports. We are now able to negotiate, sign and ratify new trade agreements. Former vice president Joe Biden is the third major candidate to do so at length. 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. As more candidates release their detailed trade plans, the Scholl Chair will write similar in-depth analyses. EU-New Zealand Trade Agreement negotiations. In 2016, New Zealand and the European Union signed a Partnership Agreement for Relations and Cooperation (PARC), to strengthen political dialogue and cooperation on economic and trade matters, as well as a wide range of other areas, from science and innovation to education and culture. (Australia and New Zealand are excluded.) New Zealand and the WTO. Commissioner for Trade Cecilia Malmstrom and New Zealand… Indonesia is the largest economy in the Association of Southeast Asian Nations (ASEAN). New Zealand has been a WTO member since 1 January 1995 and a member of GATT since 30 July 1948. 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. New Zealand already enjoys a number of bilateral trade cooperation agreements with the EU. Our young people keep up a contemporary connection through study, travel and working holiday schemes with many European countries. The original TPSEP agreement contains an accession clause and affirms the members' "commitment to encourage the accession to this Agreement by other economies". A progressive and inclusive free trade agreement is a chance to deepen that partnership, deliver significant economic gains, and agree on high standards in areas that matter to New Zealanders. We want an FTA that will level the playing field with countries that currently pay less due to existing free trade agreements with the EU. 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). Our work with the WTO. We want an agreement that lowers costs for consumers, making things like food and consumer goods cheaper for New Zealanders. No further FTA negotiating rounds have been scheduled. Joint discussions on the scope of negotiations followed. Making an agreement work for small and medium enterprises is a priority for New Zealand's negotiators. 5. 4. We’ll be providing a summary of the outcome of each round as negotiations progress. Trade agreements. The agreement will also undergo parliamentary treaty examination and will enter into force once it has been ratified by Parliament. The European Union has launched negotiations for a comprehensive and ambitious trade agreement with New Zealand. Throughout negotiations, we are committed to safeguarding our ability to regulate and decide what is best for New Zealand. It was signed in 2001. 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 main goods exports to the EU are wine, fruit and meat. We are both committed to institutions such as the United Nations and World Trade Organization, which have helped to foster international rules and cooperation for decades. Overall, 11% of our total trade in goods and services is with the EU. New Zealand is a trade dependent economy, distant from export markets, and we’re a firm supporter of free and open trade. Many New Zealanders have whakapapa (ancestry) connections to European countries. We want an FTA that promotes adherence to environmental and labour standards, better living conditions for New Zealanders and sustainable and progressive economic growth. New Zealand shares history and values with Europe. This page gathers key information on New Zealand's participation in the WTO. As in every FTA negotiation, New Zealand will seek comprehensive liberalisation of all goods that we trade with the EU within commercially meaningful timeframes. Following that, Commissioner Malmström and Minister Parker launched the negotiation in June 2018. The European Union is a close and like-minded partner for New Zealand. An EU-NZ FTA will support the growing services and digital sectors, helping businesses of all sizes to trade. Country (Region) Agreement Status; Bahrain : Free Trade Agreement: Negotiations started in 1990, suspended since … In a world first for any developed country, New Zealand entered into a free trade agreement with China in 2008, giving us a unique competitive advantage. For instance, New Zealand kiwifruit company Zespri partners with Italian growers to help supply global markets all year round. When the UK left, the EU had about 40 trade … The FTA will aim to provide more access and certainty for trade in services sectors like private education, ICT, professional services and transport. Last updated December 2020. The EU has launched negotiations for a trade agreement with New Zealand. 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. In this light, the Council of the European Union adopted the decision authorising the opening of negotiations for a Free Trade Agreement between the EU and New Zealand in May 2018 (the Council published the mandate in June 2018). New Zealand has used free trade agreements also known as closer economic partnerships to liberalise trade between economies. The free trade agreement is a success story for both countries. 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. The United States and New Zealand have a … More information about the SIAs and how to contribute to them: Australia – New Zealand. 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