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Since the 1990s, New Zealand has pursued free trade agreements as part of international trade policy with a goal (as of 2024) of 90% of exports covered by FTAs by 2030. [5] [6] New Zealand signed bilateral free trade agreements throughout the Asia-Pacific region through the 2000s including with significant trading partners China and the ASEAN bloc.
The European Union has concluded free trade agreements (FTAs) [1] and other agreements with a trade component with many countries worldwide and is negotiating with many others. [2] The European Union negotiates free trade deals on behalf of all of its member states, as the member states have granted the EU has an "exclusive competence" to ...
Trade Minister Damien O'Connor welcomed the ratification of the free trade agreement as "an important step towards the agreement entering into force." [16] On 1 May 2024, the NZ-EU free trade agreement came into force, lifting 91% of tariffs on New Zealand exports to the European Union. This will rise to 97% after seven years. [17]
European Union–Chile free trade agreement: European Union Chile Israel–Turkey free trade agreement: Israel Turkey Morocco–Turkey free trade agreement: Morocco Turkey New Zealand–China Free Trade Agreement: New Zealand People's Republic of China Russia-Armenia free trade agreement: Russia Armenia March 25, 2003: Serbia–EU Free Trade ...
Logo of the RCEP. The Regional Comprehensive Economic Partnership (RCEP / ˈ ɑː r s ɛ p / AR-sep) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. [2]
Free trade agreements of China ... Free trade agreements of New Zealand (14 P) P. ... Free trade agreements of the European Union;
Rank Country/District Exports Imports Total Trade Trade Balance Share of Total Trade 1 People's Republic of China 20,611 17,161 37,772: 3,449 18.4% 2 Australia 14,710 ...
On 7 April 2008, New Zealand and China signed the New Zealand–China Free Trade Agreement, the first such agreement China has signed with a developed country. [274] In July 2023, New Zealand and the European Union entered into the EU–New Zealand Free Trade Agreement, which eliminated tariffs on several goods traded between the two regions. [275]