Download
UK and New Zealand enter trade deal
CGTN

Britain on Wednesday announced that it had agreed to a trade deal with New Zealand – the latest to be struck since the UK left the European Union last year.

The deal was agreed earlier Wednesday in a video call between Prime Minister Boris Johnson and his New Zealand counterpart Jacinda Ardern, following 16 months of talks.

London said the deal ends tariffs on British exports, such as clothing, footwear, ships and bulldozers.

It estimated that trade between the two countries last year was worth 2.3 billion pounds (about $3.2 billion). Tariffs on goods coming the other way, such as wine and kiwi fruits, will also be axed.

Source(s): AFP

Search Trends