New Zealand’s Hipkins Sees Export Lift From EU Free Trade Deal

New Zealand Prime Minister Chris Hipkins will sign a free trade agreement with the European Union next week that will deliver more savings for exporters than any of the South Pacific nation’s previous arrangements.

The agreement will unlock immediate savings of around NZ$100 million ($62 million) a year when it enters into force, Hipkins said in a speech Friday in Wellington. He travels to Brussels later today.

In a wide ranging foreign policy speech, Hipkins reiterated New Zealand’s reliance of FTAs to open doors, noting that more than 73% of exports will be covered by those arrangements once the EU ...