With New Zealand, London expands list of business deals
After Brexit, the UK became a banker in the Asia Pacific region.
This will not change the face of the British economy, but it is still a small point that Boris Johnson scored in these difficult times. After Australia, New Zealand has just signed a free trade agreement with the United Kingdom.
After sixteen months of negotiations, the deal was hammered out during a video chat between the British Prime Minister and his New Zealand counterpart, Jacinda Ardern. “This is an excellent trade agreement that strengthens our longstanding friendship with New Zealand and strengthens our relationship with New Zealand.” Indo-Pacific region“,” Boris Johnson greeted.
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London also signed an agreement with Japan, and this new treaty strengthens trade relations with a priority region. It serves Britain’s ambition to join the Trans-Pacific Free Trade Partnership (CPTPP), which includes 11 countries in the region with a combined GDP of $8.4 trillion, before the end of 2022.
Farmers worry
Downing Street welcomes the agreement that will terminate rights to
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