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Since the 1990s, New Zealand has pursued free trade agreements as part of international trade policy with a goal (as of 2024) of 90% of exports covered by FTAs by 2030. [5] [6] New Zealand signed bilateral free trade agreements throughout the Asia-Pacific region through the 2000s including with significant trading partners China and the ASEAN bloc.
Following the signing of the RCEP, New Zealand and China signed a deal to further expand their existing free-trade agreement. The expanded deal provides for tariffs to be either removed or cut on many of New Zealand's mostly commodities-based exports, ranging from dairy to timber and seafood, while compliance costs will also be reduced.
The 10 largest trading partners of New Zealand with their total trade (sum of imports and exports) in millions of New Zealand dollars and the total trade for all countries for the 2023 calendar year were as follows: [1] [2] [3] [4]
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Retrieved from "https://en.wikipedia.org/w/index.php?title=New_Zealand_free_trade_agreements&oldid=1151246843"
Pages in category "Free trade agreements of New Zealand" The following 14 pages are in this category, out of 14 total. This list may not reflect recent changes .
Free trade areas are set up between countries; for example, the Latin America Free Trade Association (LAFTA) was created in the 1960 Treaty of Montevideo by Argentina, Brazil, Chile, Mexico, Paraguay, Peru, and Uruguay; and the North American Free Trade Agreement was established between Mexico, the United States, and Canada. In free trade areas ...
A free trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other.