EU ratifies trade agreement with New Zealand
New Zealand needs to complete its ratification procedure for the agreement to enter into force.
New Zealand still needs to complete its ratification procedure for the agreement to enter
The European Commission (EC) today issued a release announcing that the European Union (EU) has completed procedures to ratify the free trade agreement (FTA) with New Zealand.
Before the agreement can enter into force, New Zealand will need to complete its ratification procedure (expected in the first or second quarter of 2024).
According to the EC release, The FTA will provide:
- New export opportunities for businesses
- Benefits for EU farmers
- Sustainability commitments
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