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New Zealand and Singapore Sign Landmark Agreement to Secure Essential Goods Trade
2 hours ago | 45 viewsNew Zealand and Singapore have signed the Agreement on Trade in Essential Supplies (AOTES) to ensure the uninterrupted movement of critical goods like fuel and food by preventing export restrictions between the two nations. This world-first agreement, built on cooperation during the COVID-19 pandemic, formalizes practical collaboration to enhance supply chain resilience amid global volatility. Incorporated into their existing Free Trade Agreement, AOTES reflects their commitment to reliable access to essential supplies during crises and strengthens their trusted partnership.
Tags: Christopher Luxon Lawrence Wong Todd McClay New Zealand Singapore AOTES supply chain resilience trade agreement essential goods export restrictions
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