European Union External Action

Launching trade negotiations with New Zealand

15/09/2017 - 03:23
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On 13 September, the European Commission presented two recommendations to the Council to launch negotiations for trade agreements with New Zealand and Australia, together with the respective draft negotiating directives.

Launching trade negotiations with New Zealand

 

On 13 September, the European Commission presented recommendations to the Council to launch negotiation for a trade agreement with New Zealand, together with the respective draft negotiating directive (known as "the negotiating mandate"). As part of its efforts to increase transparency and to foster public engagement in the discussions on trade policy, the Commission published these documents.

The EU-New Zealand trade agreement will: reduce existing barriers to trade and investment; provide a new framework EU-New Zealand trade and investment relationship, including a comprehensive, progressive and up-to-date set of rules; promote smart, sustainable and inclusive growth; create job opportunities; and increase benefits to the consumer.

As a next step, the Commission will ask Member States to authorise the launching of formal negotiations and to adopt the negotiating directives. Negotiations can start once the Council gives its approval. The Commission is ready to start negotiations this autumn and aims to finalise them before the end of this mandate, which is in November 2019.

 

Find out more about trade between European Union and New Zealand

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