22 Jan 2025

Dairy trade | New Zealand and EU Trade Agreement to Take Effect on May 1

New Zealand said Monday a free trade agreement with the European Union would come into effect on May 1, after the country's parliament ratified the deal.

New Zealand notified the European Union it ratified the agreement earlier on Monday, Trade and Agriculture Minister Todd McClay said in a statement.

Mirá también:

Fonterra Remains Bullish on Aussie Operations Despite Profit Dip

Wellington and Brussels signed the deal in July 2023, with the European Parliament ratifying its side of the agreement in November.

New Zealand expects the deal to benefit its beef, lamb, butter and cheese industries, as well as removing tariffs on other exports like its iconic kiwi fruit.

The EU will see tariffs lifted on its exports including clothing, chemicals, pharmaceuticals and cars, as well as wine and confections.

Mirá también:

Is our dairy herd fertility in crisis?

You can now read the most important #news on #eDairyNews #Whatsapp channels!!!

🇺🇸 eDairy News INGLÊS: https://whatsapp.com/channel/0029VaKsjzGDTkJyIN6hcP1K

Look also

Sooro Renner: A Milestone in Brazil’s Dairy Industry Expansion

You may be interested in

NZX GDT Report: Price Growth and Market Dynamism

Sooro Renner: A Milestone in Brazil’s Dairy Industry Expansion

Global Dairy Trade: Strong rise in whole milk powder

Topics |
Dairy trade

Legal Notice

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.