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On 30 June 2022, Commission President Ursula von der Leyen and then New Zealand Prime Minister Jacinda Ardern announced the conclusion of negotiations on a comprehensive EU-New Zealand free trade agreement (FTA). The agreement was signed on 9 July 2023. Although the 2014-2019 Commission had initially aimed to finalise negotiations before the end of its mandate, both sides raised several sensitive issues during negotiations, not least because New Zealand is a major and competitive producer and exporter ...

Our infographic provides an insight into the economic performance of Australia and New Zealand compared to the EU, and looks at the trade dynamics between the two blocs. Australia and New Zealand are among the most developed countries in the world. Although the COVID-19 pandemic interrupted economic growth in 2020, GDP per capita quickly recovered and reached all-time highs the following year. While low unemployment rates and stable currencies contribute to economic strength, rising public debt and ...

On 30 June 2022, Commission President Ursula von der Leyen and New Zealand Prime Minister Jacinda Ardern announced the conclusion of negotiations on a comprehensive EU-New Zealand free trade agreement (FTA). The 2014-2019 Commission had initially aimed to finalise negotiations before the end of its mandate in late 2019. However, both sides raised several sensitive issues during negotiations, not least because New Zealand is a major and competitive producer and exporter of agricultural goods. The ...

The EU published its ‘Joint Communication on the EU strategy for cooperation in the Indo-Pacific’ on 16 September 2021. This Indo-Pacific Strategy lays out five crucial security issues in the region that directly affect the EU’s own security and prosperity. These are maritime security, nuclear security and non-proliferation, cyber security, trafficking, and terrorism. In order to deal with these security issues, the EU has CSDP missions and the CSDP toolbox at its disposal. In fact, the long-standing ...

15 countries signed the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020. Upon ratification, it will become the largest preferential trade agreement by economic output in the world, with the potential to increase trade and integration among the economies of East Asia. This briefing presents the structure and the content of the agreement, its relationship to existing cooperation in the region, and discusses important economic and political implications. Several notable takeaways ...

Negotiations on an EU free trade agreement (FTA) with New Zealand, one of the fastest-growing developed economies in the world, were launched in June 2018. Eight negotiating rounds took place between July 2018 and June 2020, resulting in the closure of the Transparency Chapter of the future FTA. The next round will be scheduled with the New Zealand government following the general elections held on 17 October 2020.

This study explores the context and potential of the FTA negotiations between the EU and Australia and New Zealand. Through an analysis of the status quo, as well as several academic and policy analyses, it highlights the main opportunities for the EU from the negotiations, as well as potential threats and obstacles to agreement. The study explores in detail the likely impacts of market opening on trade in goods and services, as well as the potential in other key areas, including public procurement ...

On 22 May 2018, the Council authorised the Commission to negotiate free trade agreements (FTAs) with Australia and New Zealand, and adopted the related negotiating directives. The FTAs will mainly focus on further reducing existing trade obstacles, eliminating custom duties on goods, and improving access for services and public procurement in Australia and New Zealand. The first negotiation rounds are expected to take place in July 2018, and the Commission aims to conclude negotiations before the ...

This note seeks to provide an initial analysis of the strengths and weaknesses of the European Commission's impact assessment (IA) accompanying the above proposals, submitted on 13 September 2017 and referred to Parliament's Committee on International Trade (INTA). For the Commission, the proposals are a step towards fulfilment of the key criteria for the EU's trade relations with third countries, namely the criteria of effectiveness, transparency, and the safeguarding of the European social and ...

The Trans-Pacific Partnership was a landmark trade agreement signed by 12 Pacific Rim countries including the US on 4 February 2016. TPP had commercial as well as geopolitical significance for the Obama administration and was a key component of the former president´s so-called “pivot” to Asia. On his first full day in office, on 24 January 2017, President Trump pulled the US out of TPP leaving the other 11 signatories to grapple with the consequences. They have since vowed to move forward even without ...