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Oct 20, 2021 · Collection. UK-New Zealand Free Trade Agreement. Business guidance, explainers and other documents to help you understand the Free Trade Agreement (FTA) between the UK and New Zealand....
- Trade with New Zealand - GOV.UK
Information pack for the consultation relating to a...
- UK-New Zealand Free Trade Agreement: 10 key benefits (web version ...
Brits will be able to work more freely in New Zealand thanks...
- Trade with New Zealand - GOV.UK
- Levelling Up The UK
- Red Tape Cut For Small Businesses
- Tariff-free Access For British Goods
- Better Investment Opportunities
- Global Leadership on Climate and Environment
- Opening New Digital Markets
- Boosting The UK’s World-Leading Services Sector
- More Opportunities to Work in and Travel to New Zealand For Business
- Kiwi Quality at Lower Prices
- Paves The Way to CPTPP
This deal will deliver benefits to people, businesses and communities throughout the country – supporting the levelling up agenda. It is expected to increase trade with New Zealand by almost 60%, boost the economy by £800 million and add £200 million to household wages in the long-run.[footnote 1]
Red tape will be slashed for the 5,900 UK small and medium-sized enterprises (SMEs) that export goods to NewZealand. These businesses employed 233,000 people in 2020.[footnote 2] Simple and modern customs procedures, including a commitment to release goods within 48 hours of arrival if requirements have been met, will save time and money for busine...
At entry into force, businesses will benefit from the immediate removal of tariffs on 100% of UK goods exports, worth £17 million annually. These tariff reductions include clothing (up to 10%), footwear (up to 10%), buses (5%), ships (up to 5%) and bulldozers and excavators (up to 5%). Flexible rules of origin will also give UK firmsan advantage ov...
This agreement will protect investors and increase opportunities in both countries, making it easier for UK businesses to expand their footprint and become more profitable in New Zealand. Higher screening thresholds mean that fewer UK investments will be subject to review under New Zealand’s overseas investment regime. This will limit barriers and ...
This deal includes a ground-breaking environment chapter that reinforces our commitments to the Paris Agreement and our efforts to meet net zero. It will also encourage trade and investment in low carbon goods, services and technology, with the most comprehensive list of environmental goods with liberalised tariffs in a trade deal to date.
The deal will cut red tape for our advanced tech and services companies, making it easier to break into the New Zealand market. Customs duties on electronic transmissions, such as software, will be prohibited. Easier e-commerce and the free flow of trusted data, essential for modern businesses, will be guaranteed between the UK and New Zealand. In ...
The deal guarantees that British service suppliers – from accountancy and legal services to financial services andengineering – can compete in New Zealand on an equal footing. It will keep licensing and authorisation procedures transparent and straightforward, help facilitate the recognition of UK qualifications in New Zealand, support innovation i...
Brits will be able to work more freely in New Zealand thanks to unprecedented new commitments that allow UK service suppliers, including lawyers and auditors, to deliver contracts. It will be easier for senior managers, executives and specialists to move on intra-company transfers. They will be eligible for visas to work for a period of 3 years and...
Consumers will benefit directly from increased choice, better product quality and lower prices for imported goods.Removing tariffs could make high-quality products that British consumers love more affordable, including Marlborough Sauvignon Blanc, Manuka Honey and kiwi fruit.
This deal is another step towards our accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a major trans-pacific trading bloc. Joining CPTPP would hitch the UK to some of the world’s biggest current and future economies, populated by half a billion people and with a joint gross domestic product (GDP) of £8...
Feb 28, 2022 · New Zealand’s free trade agreement with the United Kingdom entered into force on 31 May 2023. The NZ-UK FTA is one of the highest quality and most comprehensive free trade agreements that New Zealand has ever concluded.
On 28 February 2022 (1 March NZT), New Zealand and the United Kingdom signed the NZ-UK Free Trade Agreement. The full text of the Agreement is available on the Resources page. In addition, the individual chapters and annexes of the Agreement are available below.
(a) for New Zealand, the national level of government; (b) for the United Kingdom, her Majesty’s Government of the United Kingdom of Great Britain and Northern Ireland;
as New Zealand No.1 (2022) CP 750 Treaty Series No. 36 (2023) Free Trade Agreement between the United Kingdom of Great Britain and Northern Ireland and New Zealand London, 28 February...
On 21 October 2021, New Zealand and United Kingdom signed a free trade agreement eliminating tariffs on 97% of New Zealand exports to the UK including honey, wine, kiwifruit, onions, and most industrial products.
