New Zealand launches trade negotiations with United Arab Emirates

Summarised by Centrist

New Zealand has initiated trade negotiations with the United Arab Emirates (UAE) for a Comprehensive Economic Partnership Agreement (CEPA). Trade Minister Todd McClay announced the move during his visit to the Middle East, aiming to enhance economic ties between the two countries. The UAE is a significant export destination for New Zealand, with two-way trade totaling $1.13 billion in the year to March 2024. These negotiations complement New Zealand’s efforts to secure a free trade agreement (FTA) with the Gulf Co-operation Council (GCC).

Read more over at The NZ Herald