Published On: Sat, Jul 31st, 2021
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UK ‘Closing In’ on Free Trade Agreement With New Zealandon July 31, 2021 at 11:31 am

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The UK is “closing in on an agreement in principle” in trade talks with New Zealand, International Trade Secretary Liz Truss has said. She said “great progress” has been made in the sixth round of talks between the two countries which ran from July 19-30. The prospect of a deal with Australia has prompted controversy, with many British farmers raising concerns about being undercut and some MPs questioning how environmentally friendly it is to ship food to and from the other side of the world. The Department for International Trade said deals will not be signed that compromise high environmental protections and food standards. It said a free trade agreement could see the removal of tariffs on UK and New Zealand goods, reducing costs for consumers, and opening up access for UK services and investment. Ms Truss said the deal is also “an important step” towards joining the Comprehensive and …

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