10 July 2023

New free trade agreement signed between the EU and New Zealand

The EU and New Zealand signed in July 2023 their free trade agreement (FTA) which provides interesting new opportunities for import and export operations between both parties by, among others:

  • Eliminating all tariffs on EU exports to New Zealand;
  • Establishing a dedicated chapter on small and medium enterprises to promote their exports;
  • Simplifying compliance requirements and procedures to allow for quicker flow of goods.

The text has been transmitted to the European Parliament for consent. After this, the Council can adopt the Decision on conclusion, and once New Zealand notifies that it has also completed its ratification procedure, the agreement will enter into force.

Further information can be found in:

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Frequently asked questions

  1. When the tariff refers to weight, is it gross weight or net weight?
  2. How can I find the import duty that applies to my product?
  3. If I want to sell my product in several EU countries, are there import duties to pay each time my product enters a different country?
  4. Can I get a list of products charged at 0% import duty?
  5. Are excise duties applied at EU or at national level?
  6. How is VAT charged in the EU?
  7. How can I get approval to export fish to the EU?
  8. Does food exported to the EU have to come from an EU-authorised establishment?
  9. Do I have to pay to use My Trade Assistant for Services and Investment?
  10. In which languages in My Trade Assistant for Services and Investment available?