EU and New Zealand Strengthen Bilateral Trade Ties in Inaugural Meeting

European Union Trade Commissioner Maroš Šefčovič and New Zealand's Trade and Investment Minister Todd McClay adopted a joint declaration to enhance bilateral trade and reduce costs during the NZ-EU Trade Committee meeting in Queenstown. They emphasized the importance of deepening the trade relationship, addressing non-tariff barriers, and showcasing Kiwi exporters at the NZ-EU Business Summit. The discussions also touched on the EU's Deforestation Regulation, with plans to collaborate on reducing costs and ensuring fair access for exporters under the trade agreement.