Seafood boost as NZ, EU agree free trade deal


Agreement finally struck between New Zealand and the EU after eight years of negotiations

New Zealand has negotiated a free trade agreement with the EU worth an immedioate NZ$20 million in tariff reductions to its seafood industry.

The deal, which will come into force in the first quarter of 2024, will considerably increase the country’s income from seafood exports, said Seafood New Zealand Chief Executive, Dr Jeremy Helson.

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