China, New Zealand Upgrade FTA
China and New Zealand agreed to upgrade their free trade deal to improve customs facilitation, remove trade barriers and revise rules of origin procedures, China’s Ministry of Commerce said Nov. 4. China said both countries will “benefit from improved rules,”…
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adding that the deal also includes measures on e-commerce, competition policy and increased market access for certain goods. “These results reflect the desire of both countries to ensure that the China-New Zealand FTA remains ambitious, modern and high quality … and demonstrates the commitment of both countries to free and open trade and a rules-based multilateral trading system,” China said.