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Free Trade Agreements Of New Zealand
New Zealand is party to 14 free trade agreements (FTAs) worldwide. Together they accounted for over 70% of New Zealand's trade in 2023. History Prior to the mid-twentieth century, New Zealand's trade was dominated by the United Kingdom which provided preferential trade quotas to her former colony. As the United Kingdom attempted to join the European Economic Community in the 1960s and move away from trade with former colonies, New Zealand sought to diversify international trade. Following this, New Zealand signed its first bilateral free trade agreement in 1965 with the New Zealand-Australia Free Trade Agreement (NAFTA) (later superseded by Closer Economic Relations in 1983). When the United Kingdom eventually joined the European Economic Community in 1973, exceptions for New Zealand allowed the United Kingdom's preferential trade offerings to be phased out until the 1990s. Economic liberalisation in the 1970s made New Zealand into a market economy dependent on international t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Map Of Countries With Which New Zealand Has Free Trade Agreements
A map is a symbolic depiction of interrelationships, commonly spatial, between things within a space. A map may be annotated with text and graphics. Like any graphic, a map may be fixed to paper or other durable media, or may be displayed on a transitory medium such as a computer screen. Some maps change interactively. Although maps are commonly used to depict geography, geographic elements, they may represent any space, real or fictional. The subject being mapped may be two-dimensional such as Earth's surface, three-dimensional such as Earth's interior, or from an abstract space of any dimension. Maps of geographic territory have a very long tradition and have existed from ancient times. The word "map" comes from the , wherein ''mappa'' meant 'napkin' or 'cloth' and ''mundi'' 'of the world'. Thus, "map" became a shortened term referring to a flat representation of Earth's surface. History Maps have been one of the most important human inventions for millennia, allowin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Bloc
A trade bloc is a type of intergovernmental agreement, often part of a regional intergovernmental organization, where barriers to trade (tariffs and others) are reduced or eliminated among the participating states. Trade blocs can be stand-alone agreements between several states (such as the USMCA) or part of a regional organization (such as the European Union). Depending on the level of economic integration, trade blocs can be classified as preferential trading areas, free-trade areas, customs unions, common markets, or economic and monetary unions. Use Historic trading blocs include the Hanseatic League, a Northern European economic alliance between the 12th and 17th centuries, and the German Customs Union, formed on the basis of the German Confederation and subsequently the German Empire from 1871. Surges of trade bloc formation occurred in the 1960s and 1970s, as well as in the 1990s after the collapse of Communism. By 1997, more than 50% of all world commerce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Foreign Affairs And Trade (New Zealand)
The Ministry of Foreign Affairs and Trade (MFAT; ) is the executive department of the Government of New Zealand charged with conducting the nation’s external relations, trade negotiations and international development programme. From its headquarters in Wellington, the ministry advises ministers on foreign and trade policy, negotiates free-trade and security agreements, manages New Zealand’s participation in multilateral institutions, and delivers consular and crisis-response services to citizens overseas. MFAT also administers the principal New Zealand aid agency, directing official development assistance and humanitarian response, principally in the Pacific region. Working closely with agencies such as New Zealand Trade and Enterprise and the New Zealand Defence Force, MFAT represents the country in fora ranging from the United Nations and World Trade Organization to APEC and the Pacific Islands Forum. The department traces its origins to the Department of Ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agreement On Climate Change, Trade And Sustainability
The Agreement on Climate Change, Trade and Sustainability (ACCTS) is a proposed trade agreement between Costa Rica, Iceland, New Zealand and Switzerland. The deal will eliminate tariffs on hundreds of environmental goods and services alongside carbon emission reduction commitments. Negotiations concluded on the 2nd July 2024 and the agreement was signed on 15 November 2024 following legal verification. History ACCTS was first proposed in 2019 by New Zealand and negotiations started between New Zealand, Fiji, Costa Rica, Iceland and Norway. Switzerland joined negotiations in 2020. In 2021, the United Kingdom indicated they would not join the agreement in order to maintain their fossil fuel subsidies. New Zealand, Costa Rica, Iceland and Switzerland finished negotiations in July 2024 following fifteen rounds. Norway continues to consider joining. Provisions ACCTS includes provisions for: * The removal of tariffs on 300 environmental goods including low energy light bulbs, rech ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PACER Plus
PACER Plus is a free trade agreement between members of the Pacific Islands Forum (the Forum Island Countries plus Australia and New Zealand). The agreement expands the existing Pacific Agreement on Closer Economic Relations (PACER) to include further trade liberalisation and development assistance. It entered into force on 13 December 2020. History Negotiations on the agreement began in 2009, and were completed in April 2017. It was opened for signature in Nuku'alofa, Tonga, in June 2017 and was initially signed by eleven countries: Australia, Cook Islands, Kiribati, Nauru, New Zealand, Niue, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu. The agreement needed to be ratified by eight signatories to come into force. New Zealand was the first to ratify it, in October 2018, followed by Australia in December 2018, Samoa in July 2019, the Solomon Islands in June 2020, and Niue in July 2020. Kiribati and Tonga also ratified it. The Cook Islands ratified on 13 October 2020, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ASEAN Free Trade Area
The ASEAN Free Trade Area (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local trade and manufacturing in all ASEAN countries, and facilitating economic integration with regional and international allies. It stands as one of the largest and most important free trade areas (FTA) in the world, and together with its network of dialogue partners, drove some of the world's largest multilateral forums and blocs, including Asia-Pacific Economic Cooperation, East Asia Summit and Regional Comprehensive Economic Partnership. The AFTA agreement was signed on 28 January 1992 in Singapore. When the AFTA agreement was originally signed, ASEAN had six members, namely, Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand. Vietnam joined in 1995, Laos and Myanmar in 1997 and Cambodia in 1999. AFTA now comprises the ten countries of ASEAN. All the four latecomers were required to sign the AFTA agreement to join ASEAN, but were given longer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trans-Pacific Strategic Economic Partnership
The Trans-Pacific Strategic Economic Partnership Agreement (TPSEP), also known as P4, is a trade agreement between four Pacific Rim countries concerning a variety of matters of economic policy. The agreement was signed by Brunei, Chile, Singapore and New Zealand in 2005 and entered into force in 2006. It is a comprehensive trade agreement, affecting trade in goods, rules of origin, trade remedies, sanitary and phytosanitary measures, technical barriers to trade, trade in services, intellectual property, government procurement and competition policy. Among other things, it called for reduction by 90 percent of all tariffs between member countries by 1 January 2006, and reduction of all trade tariffs to zero by the year 2015. Earlier agreements By 2001, New Zealand and Singapore had concluded the Agreement between New Zealand and Singapore on a Closer Economic Partnership (NZSCEP). The ''Trans-Pacific Strategic Economic Partnership Agreement'' built on the NZSCEP. Negotiations D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand–United Kingdom Free Trade Agreement
The New Zealand–United Kingdom free trade agreement (NZUKFTA) was signed on 28 February 2022. The broad terms of the agreement were concluded on 20 October 2021. It was the second trade agreement signed by Britain since leaving the European Union that was negotiated completely anew. Negotiations 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. In addition, a range of dairy and beef exports will be tariff free after a period of 15 years. On 1 March 2022, the two countries ratified the terms of the free trade agreement signed in October. This agreement removes tariffs on 99.5% of New Zealand exports including meat, butter and cheese. New Zealand Prime Minister Jacinda Ardern described the free trade agreement as a "gold-standard free trade agreement" that would help accelerate the country's economic recovery. Thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Separate Customs Territory Of Taiwan, Penghu, Kinmen, And Matsu
"Chinese Taipei" is the term used in various international organizations and tournaments for groups or delegations representing the Republic of China (ROC), a country commonly known as Taiwan. Due to the One China principle stipulated by the People's Republic of China (PRC, China), Taiwan, being a non- UN member after its expulsion in 1971 with ongoing dispute of its sovereignty, was prohibited from using or displaying any of its national symbols that would represent the statehood of Taiwan, such as its national name, anthem and flag, at international events. The term "Chinese Taipei" was first proposed in 1979 and was eventually approved in the Nagoya Resolution, whereby both the ROC/Taiwan and the PRC/China obtained their right of participation and would remain as separate delegations in any activities of the International Olympic Committee (IOC) and its associated organizations. This term came into official use in 1981 following a name change of the Republic of China Olym ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand–South Korea Relations
New Zealand–South Korea relations () are the bilateral relations between New Zealand and South Korea. New Zealand established diplomatic relations with the Republic of Korea, also known as South Korea in 1962. South Korea has an embassy in Wellington, whereas New Zealand has an embassy in Seoul. There are many high level visits between the two countries, as well as extensive cooperation in film, science and technology and education. During the Korean war Between 1950 and 1957, New Zealand was involved in the Korean war. About 4700 New Zealanders served under UN command, and 1300 served during the war and after the Armistice. 45 New Zealanders lost their lives. Current relation Former South Korean president, Lee Myung Bak visited New Zealand in 2009. In 2018, minister of finance Grant Robertson visited South Korea and has met with South Korean deputy finance minister Koh Hyeong Kwon. During the meeting, the South Korean finance ministry announced that Korean firms will part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agreement Between New Zealand And Singapore On A Closer Economic Partnership
parties to the agreement The Agreement between New Zealand and Singapore on a Closer Economic Partnership (CEP) entered into force on 1 January 2001. It is the most comprehensive trading agreement that New Zealand has negotiated, with the exception of the Closer Economic Relations agreement with Australia. The CEP aims to build on the close historical ties between Singapore and New Zealand by improving opportunities for trade in goods, services and investment. In September 1999, New Zealand and Singapore announced intentions to negotiate a trade agreement. The agreement was led by Philip Lewin on the New Zealand side. New Zealand PM Helen Clark and PM Goh Chok Tong Goh Chok Tong (born 20 May 1941) is a Singaporean former politician who served as the second prime minister of Singapore from 1990 to 2004 and as a senior minister of Singapore from 2004 to 2011. He served as the secretary-general of the Peo ... signed the Agreement between New Zealand and Singapore on a Clos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia–New Zealand Free Trade Agreement
The Malaysia–New Zealand Free Trade Agreement was signed on 26 October 2009 in Kuala Lumpur. Malaysia is New Zealand's eighth-largest export destination, reaching almost 8 billion dollars' worth of exports in 2008. It was ratified by the Parliament of New Zealand on 24 June 2010 and entered into force on 1 August 2010. See also * New Zealand free trade agreements * Free trade agreement A free trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating state (polity), states. There are two types of trade agreements: Bilateralism, bilateral and Multilateralism, m ... * Malaysia–New Zealand relations References Free trade agreements of Malaysia Free trade agreements of New Zealand Treaties concluded in 2009 Treaties of Malaysia Treaties entered into force in 2010 Malaysia–New Zealand relations Bilateral treaties of New Zealand {{Treaty-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
