• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

New Zealand, UAE Sign Free Trade Agreement

OMMCOM NEWS by OMMCOM NEWS
January 15, 2025
in Nation

Wellington: New Zealand has signed a Free Trade Agreement (FTA) with the United Arab Emirates (UAE), one of New Zealand’s largest markets in the Middle East, which is the country’s first trade agreement in the Gulf region.

The trade pact and the accompanying investment treaty, known as the Comprehensive Economic Partnership Agreement (CEPA), was signed on Tuesday in Abu Dhabi, the UAE’s capital, Xinhua news agency reported.

New Zealand’s key exports to the UAE include dairy, industrial products, meat, horticultural products and travel services, according to the latest website update of the New Zealand Ministry of Foreign Affairs and Trade on Wednesday.

“The UAE’s dynamic and high-value market offers significant opportunities for export growth and diversification for New Zealand companies,” it said.

Two-way trade between New Zealand and the UAE is valued at 1.3 billion NZ dollars ($730 million) annually, which is set to grow when the CEPA comes into force later this year, said New Zealand Prime Minister Christopher Luxon.

The New Zealand government aims to double the value of its exports in 10 years, Luxon said, adding the CEPA secures preferential access for Kiwi primary sector exporters, and strengthens supply chains with a key partner in the Gulf region.

New Zealand Trade Minister Todd McClay said duties on 98.5 per cent of Kiwi exports to the UAE would be eliminated immediately upon the agreement’s entry into force, and the figure will rise to 99 per cent within three years.

New Zealand and the UAE concluded trade negotiations last September in just over four months, the fastest-ever free trade agreement negotiation reached between New Zealand and its trade partners.

(IANS)

Tags: New Zealand Prime Minister Christopher Luxon.
ShareTweetSendSharePinShareSend
Previous Post

We Are Fighting The Indian State: Rahul Gandhi

Next Post

South Korea: Yoon Claims ‘Martial Law Is Not Crime’ In Handwritten Letter Following Detention

Related Posts

Nation

Bengal SIR: ECI Team In Kolkata To Review Preparedness, BLO Recruitment

October 8, 2025
Nation

Massive Blasts After Tanker Hits Truck Carrying LPG Cylinders On Jaipur-Ajmer Highway, One Dead

October 8, 2025
Nation

Anti-Terrorist Operation Continues In J&K’s Rajouri, Lull After Initial Firing Exchange

October 8, 2025
Nation

UK PM Keir Starmer Arrives In Mumbai For First Official Visit

October 8, 2025
Navi Mumbai International Airport (NMIA)
Nation

PM Modi To Inaugurate Navi Mumbai International Airport Today

October 8, 2025
Narendra Modi
Business

PM Modi To Inaugurate 9th Edition Of India Mobile Congress 2025 Today

October 8, 2025
Next Post

South Korea: Yoon Claims 'Martial Law Is Not Crime' In Handwritten Letter Following Detention

'Had It Been In India, Entire World Would've Targeted Us', Says Olympic Medallist On 'Defective' Paris Olympic Medals

Supernatural Thriller

First Look Of ‘Baida’ Promises A Taut Supernatural Thriller

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.