Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

EU wants to seal trade deal with New Zealand this year

European Commission President Jean-Claude Juncker chairs a weekly college meeting of the EU executive in Brussels, Belgium, January 23, 2019. REUTERS/Francois Lenoir

BRUSSELS (Reuters) - European Commission President Jean-Claude Juncker said on Friday that he was aiming to clinch a trade deal with New Zealand this year.

Informal talks for a trade deal between the 28-nation EU and the Pacific state started in May and were formally launched the following month.

"I'm of the opinion that we should do everything possible to conclude a trade agreement between New Zealand and the European Union in the course of this year," Juncker told a news conference after a meeting in Brussels with New Zealand's Prime Minister Jacinda Ardern.

"I'd like to conclude this deal before the end of the mandate of my Commission," which ends in October, Juncker added.

At the same news conference, Ardern said she shared the "level of ambition" showed by the EU in quickly concluding the talks.

Under the EU negotiating mandate, trade in some agriculture sectors, like sheep, beef and diaries, would not be fully liberalised.

The EU agriculture commissioner Phil Hogan said quotas could be agreed with New Zealand for sectors that will remain subject to tariffs.

(Reporting by Francesco Guarascio; editing by Alissa de Carbonnel and Raissa Kasolowsky)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.