1 Mar 2022

NZ signs trade deal with United Kingdom

From Morning Report, 6:21 am on 1 March 2022

New Zealand has signed a significant trade agreement with the United Kingdom.

The new deal means virtually all New Zealand's exports into the UK will not carry a tariff.

The government estimates it will increase exports to the UK by 50 percent, and add up to $1 billion to the New Zealand economy.

It also includes agreements that touch on digital trade, climate and sustainability, and economic opportunities for Māori.

New Zealand International Business Forum executive director Stephen Jacobi says the deal gives New Zealand exporters unprecedented access to the UK market, and opens the gates wide for our dairy, meat, horticulture and wine.

He spoke to Corin Dann.