The European Union (EU) and New Zealand (NZ) announced on June 30 that they have reached a free trade agreement (FTA). The picture shows President of the European Commission Von der Leyen. The EU is fully withdrawing from the Russian market. To this end, it needs to continuously

2024/05/0705:16:32 international 1234

European Union (EU) and New Zealand (NZ) were released on June 30, and the two parties reached a free trade agreement (FTA).

The picture shows European Commission President von der Leyen

The EU is fully withdrawing from the Russian market. To this end, it needs to continuously strengthen economic exchanges with other countries. European Commission Trade Commissioner Dom Browskis said that the agreement reflects an important "geopolitical signal" and emphasized: "It is obvious that we need to move away from Russia and find new markets and supply chains (supply networks). ), etc., this agreement has made a positive contribution to this."

New Zealand Prime Minister Adam said that negotiations on the trade agreement have taken 14 years. FTA negotiations between the EU and New Zealand began in 2018.

FTA will reduce tariffs on clothing, chemicals, pharmaceuticals, wine and other goods exported from the EU. In addition to expanding the import quota of New Zealand beef by 10,000 tons, the EU will also increase the import quota of mutton, butter and cheese. The agreement needs to be approved by the European Parliament, which is expected to take between one and a half to two years.

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