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1° of May 2024 free trade agreement EU and New Zealand will enter into force
After some negotiations round, 1° of May 2024 free trade agreement EU and New Zealand will enter into force. Mr. Todd McClay (Trade and Agriculture Minister of New Zealand) said: “..I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA). This enables the agreement to come into force earlier than expected, from 1 May 2024,” . The European Council in its “Notice concerning the date of entry into force of the Free Trade Agreement between the European Union and New Zealand” on 25.03.2024 declared that “…The Free…
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Published the European decision for the approval of the FTA with New Zealand. After the ratification of New Zealand, does a sustainable trade will take over?
The decision of the European Council 2024/244 of 27 November 2023 on the conclusion, on behalf of the Union, of the Free Trade Agreement between the European Union and New Zealand, lays down that “…Free Trade Agreement between the European Union and New Zealand (‘the Agreement’) is hereby approved on behalf of the Union…”. This decision has been published on 28 February 2024. From the other side, it is interesing to undeline that New Zealand needs to pass implementing legislation in order to ratify the agreement. In the official web site of the New Zealand Government it is declared: “…A significant milestone in ratifying the NZ-EU Free Trade Agreement (FTA)…