free-trade agreement tagged posts

NZ-Russia Investigating FTA

June 1, 2010 International FinanceNew Zealand Finance

Government, old and newThe Governments of Russia and New Zealand have commenced preparation for future negotiations of a bilateral Free Trade Agreement (FTA).

On May 31st the Government of New Zealand released a statement announcing the commencement of groundwork for the eventual negotiations of a FTA between New Zealand and Russia. The statement was released shortly after a meeting between Tim Groser, Trade Minister of New Zealand, and Elvira Nabiullina, Russian Minister of Economic Development, held in Moscow. Tim Groser summarized the achievements of the meeting, saying, “Russia has agreed to proceed towards a formal trade agreement with New Zealand, subject to a satisfactory outcome of scoping discussions.”

According to a New Zealand Government statement, a FTA with Russia could be of great benefit to Ne...

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FTA with Korea Looming

January 26, 2009 International FinanceInternational TaxationNew Zealand FinanceNew Zealand Taxation  No comments

The possibility of a Free Trade Agreement (FTA) between Korea and New Zealand is becoming a more realistic possibility with positive signs from both Governments giving positive indicators.

The New Zealand Government has called for submissions on the possibility of a FTA with Korea,
according to Trade Minister Tim Groser in a January 23rd press release. Further, the Korean Foreign Minister, Yu Myung-hwan visited New Zealand over the subsequent weekend. Talks regarding the FTA were scheduled for Sunday.

According to Mr Goser, Korea is the sixth largest trade partner for New Zealand. He also extolled the great benefits that would be found by both countries in today’s economic environment by embracing the FTA possibility...

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New FTA Possibility for NZ

November 22, 2008 International FinanceNew Zealand Finance  No comments

Indications at the APEC summit show that Peru, Australia and America are looking to join the currently active New Zealand, Singapore, Chile and Brunei Free Trade Agreement (FTA).

According to an announcement made by the Chile Foreign Minister Alejandro Foxley, made on the 21st of November at a meeting of trade ministers at the APEC summit, Australia and Peru are currently looking to join the four country FTA in its next round of expansions. A similar announcement was made in regards to the United States in September.

Currently, New Zealand, Singapore, Chile and Brunei hold a free trade agreement, called the Trans Pacific Economic Partnership (although previously named the P4). It was signed in 2005 and came into force 28th of May 2006...

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FTA with USA No Less Likely

November 17, 2008 New Zealand Finance  No comments

According to US-NZ Council president John Mullen, the newly elected Barack Obama can only be good news for a US-NZ Free Trade Agreement (FTA).

The visiting US-NZ Council president John Mullen was quoted as saying that Barack Obama does not wish to reverse any globalisation work done so far, and that the? situation would only be worse off if it were. He said that relations between the United States and New Zealand are at the highest point that they have been at in over a quarter of a century.

Some commentators even claim that New Zealand’s anti-nuclear stance will not be as much of a hindrance under Barack Obama as it was previously. The stance was often seen as one of the key disagreement points in previous negotiations with New Zealand.

Free Trade talks are scheduled to be held in Marc...

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