New Zealand and the United Kingdom will start talks on a Free Trade Agreement (FTA) on Wednesday. The trade talks have been mooted since the UK voted to leave the European Union, but talks could only begin after the UK formally left the bloc, which only happened on January 31 this year. Both sides underscored their commitment to achieving an early conclusion to a high quality, comprehensive and inclusive trade agreement. The trade agreement would seek to eliminate tariffs on trade and develop new approaches to non-tariff barriers. The trade agreement will also try to break new ground on free trade supporting sustainable development and climate change.

Source: Stuff June 17, 2020 02:48 UTC