Committee on Regional Trade Agreements - Council for Trade in Services - Notification of regional trade agreement - New Zealand and European Union

NOTIFICATION of regional trade agreement

1.

Member(s) notifying:

New Zealand, European Union

2.

Date of notification:

9 April 2024

3.

Notification pursuant to

[X] Article XXIV:7(a) of GATT 1994

[X] Article V:7(a) of GATS

[ ] Paragraph 4(a) of the Enabling Clause

4.

Parties to the Agreement: 

New Zealand, European Union

5.

Date of signature:

9 July 2023

6.

Date(s) of entry into Force:

1 May 2024

7.

Brief description of the Agreement:

On 30 June 2022, the EU and New Zealand concluded negotiations for a Trade Agreement. The deal opens great economic opportunities for companies, farmers, and consumers. It includes unprecedented sustainability commitments, for example on respecting the Paris Climate Agreement and core labour standards, enforceable through trade sanctions as a last resort.     

8.

Text and related schedules, annexes and protocols are:

[ ] submitted to the WTO Secretariat (electronic format)

[X] available from the following official Internet link(s):

EU-New Zealand: Text of the agreement (europa.eu)