Press statement on trade talks between UK and New Zealand
UK International Trade Secretary Liz Truss and New Zealand Trade and Export Growth Minister Damien O바카라 사이트™Connor concluded a day of detailed바카라 사이트¯trade바카라 사이트¯talks in London yesterday (Thursday 17바카라 사이트¯June).
Minister O바카라 사이트™Connor바카라 사이트™s visit바카라 사이트¯concludes the fifth round of바카라 사이트¯talks,바카라 사이트¯in which바카라 사이트¯strong progress was made in바카라 사이트¯agreeing key issues across the바카라 사이트¯deal including reaching consensus on disputes, transparency and gender equality in trade. Both바카라 사이트¯countries have agreed to accelerate negotiations to finalise the details of the deal.
Both countries want a바카라 사이트¯high바카라 사이트¯quality, comprehensive바카라 사이트¯free바카라 사이트¯trade agreement that supports jobs, broadens consumer choice바카라 사이트¯and provides more opportunities in key industries바카라 사이트¯such바카라 사이트¯as바카라 사이트¯services, digital trade and the green economy.
International Trade Secretary Liz Truss said:
We have intensified negotiations and moved closer to an agreement that works for both nations.바카라 사이트¯I want to thank Damien for the progress we have made over the past few days.
Both sides are committed to striking a modern, liberalising agreement that forges closer ties between two island democracies that believe in free and fair trade. I am pushing UK interests hard in areas like services, mobility and investment, and want a deal that cuts tariffs on our exports, makes it easier for our service providers to sell into New Zealand, and delivers for consumers here at home.
A deal would be an important step towards joining the Trans-Pacific Partnership, a £9 trillion free trade area of half a billion consumers, which would open new opportunities for our farmers, manufacturers and services firms to sell to some the largest and fastest-growing markets in the world. 바카라 사이트¯
Background
New Zealand is already an important partner for the UK and a trade agreement can further increase our trading relationship, worth £2.3bn in 2020.바카라 사이트¯바카라 사이트¯
An agreement could see the removal of tariffs on UK and New Zealand goods, such as New Zealand Marlborough wine and British McVitie바카라 사이트™s Digestives biscuits, making products available to shoppers at a markedly lower cost.바카라 사이트¯바카라 사이트¯바카라 사이트¯
Opportunities will also include additional access for UK services and investment, including in mobility, professional qualifications, and investment screening thresholds.바카라 사이트¯
A free trade agreement with바카라 사이트¯New Zealand will open another important gateway to the Comprehensive and Progressive Trans-Pacific Partnership (CPTTP), a £9 trillion free trade area of 11 Asia-Pacific nations, including New Zealand and Australia.바카라 사이트¯Membership will open huge new opportunities for our farmers, manufacturers and services firms, with two-thirds of the world바카라 사이트™s middle classes set to be in Asia by 2030.바카라 사이트¯바카라 사이트¯
New Zealand and the UK also share a particular ambition to work together to lead the global fight against climate change and promote clean growth through trade 바카라 사이트“ a key contribution to a low-carbon economic recovery.
An agreement can enable Small to Medium Enterprises (SMEs) to export more goods and services to New Zealand.
We will not sign trade deals that compromise our high environmental protections and바카라 사이트¯food바카라 사이트¯standards. We are a world leader in these areas and that will not change.바카라 사이트¯바카라 사이트¯
International Trade Secretary Liz Truss and Minister O바카라 사이트™Connor met for a private dinner in New Zealand House바카라 사이트¯before talks바카라 사이트¯yesterday.바카라 사이트¯바카라 사이트¯바카라 사이트¯
In addition to the bilateral free trade agreement, International Trade Secretary Truss and Minister O바카라 사이트™Connor also discussed other trade topics,바카라 사이트¯such as바카라 사이트¯the바카라 사이트¯CPTPP and WTO reform.
This is the first visit a New Zealand Cabinet minister has made overseas since New Zealand closed its borders due to COVID-19.