Animals
Business
Crops
Environment
Food
General
Horticulture
Livestock
Machinery
Markets
Politics
Login
 
 
 
Submit to register and subscribe
(72,60 € / year)
 
I forgot my password
Next articleVolgend Artikel

 07 mar 2017 20:59 

EU and New Zealand move a step further in expanding trade links


Commissioner for Trade, Cecilia Malmström, and New Zealand's Minister of Trade, Todd McClay, met today in Brussels to mark the end of preparatory talks for potential EU-New Zealand trade negotiations.

Over the last months, representatives from the EU and New Zealand have examined all bilateral economic issues to define the areas to be covered and the right level of ambition for any future negotiations.

As a next step, the European Commission will ask Member States for a negotiating mandate to negotiate on behalf of the EU on the basis of specific objectives. In parallel, the Commission is finalising its assessment of the potential impact of such a trade deal, taking into account the preliminary scope agreed today. This assessment will take into account new opportunities that an EU-New Zealand trade agreement could create for EU businesses, as well as agricultural sensitivities that need to be accommodated.

The discussions started in October 2015 based on new policy orientations set out in the EU trade and investment strategy "Trade for All". With annual bilateral trade amounting to more than €8 billion, the EU is New Zealand's second largest trading partner after Australia. For the EU, trade with New Zealand results in a positive trade balance of €1.3 billion, and EU companies hold nearly €10 billion in foreign direct investment in New Zealand. Any potential deal would aim to further deepen this trade and investment relationship.

More information is available on the website of DG Trade. Video and photo footage from today's meeting can be found on EbS.



  Newsflash
 
Support Fruit and Vegetable Producer Organisations in future regime #FruitVeg4YouLees meer
 
 
Satellite based data show fishing affects four times larger area than agricultureLees meer
 
 
Thursday 22 and Friday 23 February: EU Industry Day debates on the "Road to 2030"Lees meer
 
 
Local and regional leadership for clean energy and climate actionLees meer
 
 
Copa and Cogeca welcome Roadmap updating the EU Bioeconomy StrategyLees meer
 
 
New technical requirements for tractors resulted in peak in sales in December 2017Lees meer
 
 
Simplification must be at heart of Future CAPLees meer
 
 
EU agri-food exports are holding strongLees meer
 
 
Commission clears acquisition of Bake & Co by Dr. OetkerLees meer
 
 
New Holland and The Climate Corporation partner to deliver two-way data sharingLees meer
 
 
EC proposes €2.1 mio euro from Globalisation Adjustment Fund for former Goodyear workers in GermanyLees meer
 
 
EC clears acquisition of sole control over Kuehne + Nagel Drinksflow Logistics by Kuehne + NagelLees meer
 
 
Fighting animal and plant diseases: €154 million earmarked for 2018Lees meer
 
 
The future of food and farming - Communication on the Common Agricultural Policy post-2020Lees meer