The European Commission concluded negotiations on a free trade deal with New Zealand on Thursday (30 June), that would slash much of the remaining tariffs between the two trading partners while keeping certain protections for European beef and sheep farmers and including unprecedented sustainability provisions, APA reports citing Euroctiv.
After having focused on making the EU trade agenda more assertive in the past months and years, this is the first new free trade agreement (FTA) of the von der Leyen Commission. It could also be the first of a couple of FTAs that the Commission is trying to bring over the finishing line in the coming months.
“This trade agreement brings major opportunities for our companies, our farmers and our consumers, on both sides,” Commission President Ursula von der Leyen said. With a hint at the Russia-Ukraine war, von der Leyen stressed the fact that it was a deal between democracie