Representatives of the EU and New Zealand held negotiations from 14 to 31 March 2022, discussing most areas of the future free trade agreement between the jurisdictions. According to a two-pager published by the European Commission, EU’s request to be exempt from New Zealand’s import customs fees is the only outstanding element in the text as far as the topic “Trade in goods” is concerned. Various items remain open in respect of Rules of Origin for which follow up discussions shall be held. Other topics discussed are:

  • Geographical Indications
  • Wine and Spirits Annex
  • Trade in Services
  • IP
  • Digital Trade
  • Sanitary and Phyto-Sanitary measures
  • Good Regulatory Practice
  • Legal Group
  • Competition and Subsidies
  • Government Procurement
  • Investment
  • State-Owned Enterprises
  • Trade and Sustainable Development

The full report on the negotiations held is accessible here.

Author

Yassine El Bojaddaini is a senior associate within the EMEA Customs Practice. He has ample experience on advising and representing multinationals in customs and tax related matters including restructurings, litigation and supply chain optimization.