And he said New Zealand Minister of Trade Todd Maclay in a statement issued late yesterday, Thursday, said: Trade agreement It would eliminate customs duties on about 51 percent of exports New Zealand will enter the region from day one and will provide duty-free access to about 99 percent of New Zealand’s exports over 10 years.
Maclay added in Doha, “Concluding a trade agreement with… Gulf Cooperation Council “It was an ambition of successive governments for nearly two decades.”
The statement did not specify the timing when the agreement would enter into force.
The agreement with the Gulf states comes after New Zealand concluded a trade agreement with the UAE in September.
According to official data, the volume of trade between New Zealand and the Gulf Cooperation Council exceeds three billion New Zealand dollars annually.