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Wednesday, 18 January 2017

New Zealand presses Gulf states to finalize stalled trade deal | Reuters

New Zealand presses Gulf states to finalize stalled trade deal | Reuters:

"New Zealand is pressing to finalize a stalled free trade deal with the six-nation Gulf Cooperation Council (GCC) that includes two of the Middle East's largest economies, Saudi Arabia and the United Arab Emirates. Trade Minister Todd McClay visited the UAE and Kuwait this week in an effort to promote the deal with the GCC, his country's sixth largest trading partner. The GCC comprises Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Oman. New Zealand wrapped up talks on the trade pact in 2009 but it has never been ratified."



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