Uk`s Approach To Negotiating A Free Trade Agreement With New Zealand

Last month, the Uk conducted a first round of negotiations with New Zealand on video connections, with a second round scheduled for October. “We still face issues of access to agriculture, after saying that I think the UK is expressing the view that it wants to be more open with the rest of the world after Brexit, which is why we have hope in these negotiations. The UK began trade negotiations with New Zealand in July, but will not be able to sign a contract until next year. Trade between the two countries was $2.8 billion in 2018, with the UK exporting $1.4 billion in goods and services to New Zealand during the year. “As the UK enters its next steps after Brexit, New Zealand is pleased to be among the first countries to negotiate a trade deal with one of our oldest friends,” said David Parker, Minister for Trade and Export Growth. The government is committed to negotiating a comprehensive agreement with New Zealand and we look forward to further progress. The government will make its next statement on the progress made at the end of the second round of negotiations, which is scheduled for October. We will look at the possibility of personal negotiations, if that is for sure. A trade deal with New Zealand is an “essential” part of supporting the UK economy in resuming the collapse of the coronavirus, British Trade Minister Liz Truss said as Britain began formal talks with Wellington. “Together, we believe we can create a world-leading agreement that will open doors for our businesses to increase trade, invest and develop innovation, and work more closely than ever to seize opportunities in the global economy,” she said. Foreign Secretary Winston Peters said New Zealand would try to strengthen its relationship with the UK and reaffirm its role in favour of the European Union after the UK`s official exit today.

Speaking to Times Radio, Peters said the “recipe” for an agreement “could have been practically signed.” The equivalent of Truss in New Zealand, David Parker, wrote last week in a statement in the Times that they believe trade relations “are not in line with the rest of our relationship.” “As two countries that are very committed to the fight against climate change… We will work to ensure that the free trade agreement has strict environmental and sustainability rules,” she said. The United Kingdom and New Zealand are coordinated in many areas, which will allow us to move quickly on many chapters. During the discussions, the two countries stressed the desire to be particularly ambitious in areas, including promoting digital trade, promoting cross-border trade in services and investment, reducing uncertainty and burden on exporters through customs procedures and promoting best regulatory practices. The discussions also allowed the two teams to reflect on how to work together across the agreement to support important agendas such as women`s economic empowerment, trade and development, indigenous trade, clean growth and the fight against climate change, and to ensure that small and medium-sized enterprises can benefit from the free trade agreement. In June, the British government announced its intention to join the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), a free trade agreement involving 11 Asia-Pacific countries, including Canada, Australia, Japan, Vietnam and New Zealand.