Saturday, 31 October 2015 10:14

FTA talks between NZ and EU

Written by Rural News Group

font size decrease font size increase font size
Print
Email

New Zealand Trade Minister Tim Groser.

A free trade agreement could be on the cards for New Zealand and the EU, says the Delegation of the European Union to New Zealand.

Trade Minister, Tim Groser, met with EU Trade Commissioner, Cecilia Malmströmn, this week in Brussels to discuss the potential of a bilateral free trade agreement.

The meeting followed an announcement earlier by John Key, the European Commission president Jean-Claude Juncker and the European Council president Donald Tusk.

Key, Juncker and Tusk announced their shared commitment to engage in the process leading towards a high-quality free trade agreement.

Both sides agreed that the future deal should comprehensively address all of the issues concerning the current trade and investment relation.

The shared aim is to create rules that correspond to the reality of global supply chains and the increasing international interdependence in manufacturing and provision of services.

The future agreement would also promote transparency of rules, the fight against corruption and coherence between economic benefits, workers' rights and environmental protection.

Malmström, and Groser also used this opportunity to exchange views on the preparation for the upcoming 10th Ministerial Conference of the World Tarde Organisation (WTO) and the ongoing talks on a Trade in Services Agreement (TiSA) in which both the EU and New Zealand participate.

More like this

Damien O’Connor: NZ united on global trade

When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.

Editorial: We are Trumped

OPINION: Nothing it seems can be done in the short term to get Donald Trump to change his mind about removing the unfair 15% tariffs that he’s imposed on New Zealand exports to the US.

McClay pushes back on new US tariffs on NZ goods

Trade Minister Todd McClay says the US tariff decision appears to be based on a calculation of trade deficits, with countries running a surplus with the US moved to the higher rate.

Mike Petersen: NZ must stay nimble amid trade turmoil

Former special agricultural trade envoy Mike Petersen says meat exporters are going to have to be nimble and agile to take advantage of any opportunities that may arise in the chaos of the tariff crisis.

Trade experts warn of US tariff risks to NZ exports

Two leading New Zealand trade experts warn that the 15% tariff slapped by the US shouldn't be taken lightly.

Featured

Editorial: No need to worry

OPINION: What goes up must come down. So, global dairy prices retreating from lofty heights in recent months wouldn’t come as a surprise to many farmers.

Fonterra directors set for pay rise pending AGM approval

Fonterra directors and councillors are in for a pay rise next month.

Local government shake-up 'long overdue' - Feds

Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.

Ashburton Farmer Matthew Paton Elected to Ruralco Board

Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.

Rabobank 2026 Outlook: Geopolitics shapes global agriculture

The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.