Monday 2 November 2009

NZ/Middle East FTA nears completion

New Zealand exporters looking for new markets in the Middle East will benefit from a new free trade agreement successfully negotiated between New Zealand and the Gulf Cooperation Council (GCC).

Trade Minister Tim Groser announced today negotiations between New Zealand and the GCC – made up of Bahrain, Oman, Kuwait, Saudi Arabia, the UAE and Qatar - had now concluded after six rounds

Negotiations between the two groups have been running since 2007 and the agreement should be signed in the first half of 2010.

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