Tuesday, August 24, 2021

UK - Boost for British shoppers and exporters from UK-New Zealand trade deal

  • Chocolate, gin, buses and clothes are among British products that could see tariffs of up to 10% removed, encouraging New Zealand to buy British. 
  • High quality New Zealand products such as wine, food and drink could be tariff-free in UK shops. 
  • Total trade in goods and services between the UK and New Zealand was worth £2.3 billion last year and is set to increase with a trade deal 

A trade deal with New Zealand could give British shoppers and exporters reason to cheer as both countries ditch tariffs as high as 10% on a range of high-quality products. The latest round of trade talks between both sides ended last month with good progress made towards a final deal. 

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