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Britain and New Zealand strike free trade deal -Breaking

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© Reuters. Britain’s Prime Minister Boris Johnson walks outdoors Downing Road in London, Britain October 20, 2021. REUTERS/Toby Melville

LONDON (Reuters) – Britain and New Zealand have reached settlement in precept on a free commerce deal designed to scale back tariffs, enhance providers commerce, and take London one step nearer to membership of a broader trans-Pacific commerce settlement.

Prime Ministers Boris Johnson and Jacinda Ardern sealed the deal in a Zoom name on Wednesday after 16 months of negotiation.

“It is a nice commerce deal for the UK, cementing our lengthy friendship with New Zealand and furthering our ties with the Indo-Pacific,” Johnson mentioned in an announcement.

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