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Canada New Zealand Trade Agreement

Canada New Zealand Trade Agreement

For any other questions regarding free trade agreements, send an email – we strive to respond to emails within 48 hours. The Parties may at any time, at the request of either Party, consult each other on any matter relating to the operation or application of this Agreement or on trade, economic and technological relations between the two countries. The Parties shall continue to consult on issues of mutual interest and mutual interest arising in multilateral discussions on trade, economic and technological issues. New Zealand is a party to several Free Trade Agreements (SAAs) around the world. We are working together for freer global and regional trade through the WTO and APEC. New Zealand`s economy is a market economy heavily dependent on international trade, mainly with Australia, the United States of America, China and Japan. Highly dependent on tourism and agricultural exports, it has only small manufacturing and high-tech components. Economic reforms in recent decades have removed many barriers to foreign investment and the World Bank has hailed New Zealand as the most business-friendly country in the world [1]. Regional and bilateral free trade agreements have become an important part of New Zealand`s international trade policy. New Zealand has taken advantage of free trade agreements, also known as closer economic partnerships, to liberalize trade between economies. A closer Economic Partnership Agreement with Thailand was negotiated in 2004 and implemented in 2005. Negotiations for a free trade agreement with Chile, Brunei and Singapore, known as the Trans-Pacific Strategic Economic Partnership, were concluded in 2005. Negotiations on other agreements with Malaysia began in 2006, but could not be concluded.

The historic free trade agreement with China was signed in Beijing in April 2008. [2] AWARE of the importance of agricultural, horticultural and fishery products for international trade and trade between New Zealand and Canada, and deciding to facilitate and promote such trade for mutual benefit; Singapore is also a party to the ASEAN-Australia Agreement on the New Zealand Free Trade Area (AANZFTA), the Trans-Pacific Strategic Economic Partnership (P4) and the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP). The rules of origin provisions of the new ANZSCEP Protocol take over the most commercial rules possible in these agreements and incorporate them into the new PSR timetable provided for in the Protocol. DETERMINED by fostering closer cooperation in trade and industry, including promoting joint ventures to improve bilateral trade and economic relations, take your business to the next step. Find out ways to expand your presence in New Zealand with the help of our Trade Commissioner (TCS) and learn more about the trade relationship between the two countries, market facts and other knowledge….

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