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Home World New Zealand

Gulf closes in NZ-Middle East trade, but the work’s not all done

31 October 2024
in New Zealand
Gulf closes in NZ-Middle East trade, but the work’s not all done
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New Zealand Trade Minister Todd McClay recently announced a successful trade deal with the United Arab Emirates and a broader agreement with the Gulf Cooperation Council, significantly reducing tariffs on NZ exports. Despite concerns over human rights issues in the Gulf states, McClay highlights progressive elements in the deal, including labor standards and climate commitments. While praised by Kiwi businesses, the minister and his team face more challenging negotiations ahead as they navigate economic growth with ethical considerations.

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Tags: closesEastGulfNZMiddletradeworks
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