January 28, 2022

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The UK has finalized a trade agreement with New Zealand

The UK has finalized a trade agreement with New Zealand

File photo: A British flag near Parliament in London. UK, March 20, 2017. REUTERS / Stefan Wermuth

By Alastair Paul

New Delhi, Jan 13 (Reuters) – Britain plans to conclude a free trade agreement with New Zealand “very soon”, British Foreign Secretary Anne-Marie Travelyan said on Thursday.

In the coming years, Britain wants to sign an agreement with the Trade Council of 11 countries, known as the Comprehensive and Progressive Agreement on Trans-Pacific Partnership (CPTPP).

“We signed a free trade agreement with Australia just before Christmas. I hope the agreement with New Zealand will be finalized very soon,” Travelyan told Reuters.

“They are two important partners in their own right, but as part of our merger with CPTPP it is strategically very important to us.”

He began talks in New Delhi on a bilateral free trade agreement with India as part of the British government’s efforts to improve relations with the Indo-Pacific region following its withdrawal from the European Union.

(Report by Alastair Paul; Written by Manoj Kumar; Edited by Peter Graf; Translated by Thomas Gobos)

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