This landmark agreement also includes unprecedented sustainability commitments, including respect of the Paris Climate Agreement and core labour rights. Trade agreements form part of the EU’s open trade – or ‘partnering’ — approach, which is one of the three goals of the European Economic Security Strategy presented in June. This agreement also strengthens the EU’s engagement in the strategically and economically important Indo-Pacific region.

Before the agreement can enter into force, New Zealand will need to complete its ratification procedure. This is expected to happen in the first or second quarter of 2024.

You will find more information in the press release.

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