NZ-UAE trade deal slashes export tariffs by 98.5 percent

Summarised by Centrist

Prime Minister Christopher Luxon heads to the UAE to witness the signing of a groundbreaking trade deal. The Comprehensive Economic Partnership Agreement (CEPA) will eliminate tariffs on 98.5 percent of New Zealand exports, boosting trade valued at $1.3b.

Luxon called the UAE a “trusted partner,” noting the agreement as part of efforts to double export value in 10 years. He aims to promote New Zealand as a hub for sustainable innovation and investment.

Read more over at RNZ

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