NZ-UK Free Trade Agreement great achievement
May 05, 2023
The EMA says the announcement of the NZ-UK Free Trade Agreement (FTA) is welcome news and will strengthen relationships for New Zealand exporters, in particular.
EMA Chief Executive Brett O’Riley says the agreement highlights that our country still provides a great investment environment.
“Two-way trade is between NZ and the UK is a good contributor to our economy and this deal enables that to continue and grow,” he says.
“Kiwi businesses can look forward to 99.5 per cent of current exports entering into the UK tariff-free from May 31, and 100 per cent tariff elimination for NZ exporters to the UK in coming times,” he says.
“Everyone involved in completing this deal should be congratulated for their efforts, which opens the door for a much close NZ-UK relationship.
For more detail on the Agreement please visit MFAT.
About the EMA:
The EMA is New Zealand’s largest business service organisation dedicated to helping people and businesses grow. It offers advice, learning, advocacy and support for more than 7,600 businesses as members of the EMA, ExportNZ and The EMA’s Manufacturers Network. The EMA is part of the BusinessNZ Network and its territory spans the upper North Island. The EMA also offers many of its services nationally to member businesses, and through its partners.