Articles tagged with Fta

New Zealand and India Sign Historic Free Trade Agreement Boosting Jobs and Exports

1 week ago | 136 views

New Zealand and India have signed a landmark Free Trade Agreement (FTA) that eliminates or reduces tariffs on 95% of New Zealand’s exports, boosting job creation, economic growth, and export diversification. Key benefits include immediate duty-free access to major products like sheep meat, wool, seafood, and forestry exports, as well as significant tariff cuts on kiwifruit, wine, mānuka honey, and dairy, with many tariffs phased out over a period of up to ten years. The agreement also activates a parliamentary review process and includes a Most Favoured Nation clause, ensuring New Zealand exporters gain enhanced market access comparable to that of the European Union.

Tags: Christopher Luxon Todd McClay Piyush Goyal New Zealand India Free Trade Agreement FTA trade exports Most Favoured Nation

Pharmac Expands Funding for Trikafta, Alyftrek & Kalydeco for All Children with Cystic Fibrosis

1 month ago | 295 views

Associate Health Minister David Seymour welcomes Pharmac’s decision to fund Trikafta and Alyftrek for all children with cystic fibrosis regardless of age from April 1, 2026, expanding access beyond the previous age limits. Pharmac will also widen access to Kalydeco for all eligible patients and allow doctors to prescribe these lifechanging treatments based on clinical judgment, addressing the urgent needs of young children affected by cystic fibrosis. This decision follows positive public consultation and reflects Pharmac’s commitment to working with the cystic fibrosis community to improve health outcomes and reduce pressure on the health system.

Tags: David Seymour Pharmac Trikafta Alyftrek Kalydeco cystic fibrosis children health minister New Zealand funding decision

Pharmac Proposes Funding Trikafta and Alyftrek for All Children with Cystic Fibrosis

3 months ago | 504 views

Associate Health Minister David Seymour supports Pharmac’s public consultation on funding Trikafta and Alyftrek for children with cystic fibrosis of all ages, aiming to expand access beyond the current age restrictions. If approved, the proposal effective from April 1, 2026, would allow doctors to prescribe these life-changing treatments based on clinical need, addressing early harm caused by cystic fibrosis and improving patient outcomes. Pharmac encourages feedback from patients, families, healthcare professionals, and advocacy groups before the consultation closes on February 11, 2026.

Tags: David Seymour Pharmac Trikafta Alyftrek Kalydeco cystic fibrosis Associate Health Minister New Zealand public consultation healthcare

China Sets Beef Import Quotas Impacting New Zealand Exports From 2026

4 months ago | 770 views

China has announced beef import quotas effective from January 2026 for three years, including an annual duty-free quota for New Zealand starting at 206,000 tonnes, which exceeds New Zealand’s recent export volumes. New Zealand’s Trade Minister Todd McClay emphasized that the quota reflects strong bilateral engagement and ensures minimal disruption to exports under the China-New Zealand Free Trade Agreement. Despite the new restrictions, China remains a key market for New Zealand beef, with ongoing efforts to maintain smooth trade relations and explore growth opportunities.

Tags: China New Zealand Todd McClay beef imports trade agreement quota safeguard investigation beef exports China NZ FTA trade relationship

EU and New Zealand Strengthen Bilateral Trade Ties in Inaugural Meeting

6 months ago | 552 views

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.

Tags: Maroš Šefčovič Todd McClay European Union New Zealand trade investment bilateral trade technology innovation FTA

Trade Minister Todd McClay Strengthens ASEAN Ties for NZ's Economic Growth

7 months ago | 687 views

Trade and Investment Minister Todd McClay is heading to Kuala Lumpur for high-level ASEAN Economic Ministers’ Meetings, marking the 50th anniversary of New Zealand’s Dialogue Partnership with ASEAN and emphasizing the commitment to elevate the relationship to a Comprehensive Strategic Partnership. With ASEAN being New Zealand’s fourth-largest trading partner, valued at over $29 billion annually, the focus is on strengthening ties to double export value in a decade. Trade with ASEAN has doubled under AANZFTA in the past 15 years, with potential for further growth, and Mr. McClay aims to advance New Zealand’s priorities, support Kiwi businesses, and foster strong trade relationships during his visit.

Tags: Todd McClay Trade Investment Minister ASEAN New Zealand AANZFTA Kuala Lumpur exports partnerships Malaysia