On January 26, China’s Minister of Commerce Mr. Wang Wentao formally signed an upgraded agreement of free trade through a virtual ceremony with New Zealand Trade Minister Damien O’ Connor online. New Zealand was the first developed country to sign a free trade agreement with China in 2008; this Free Trade Agreement of China and New Zealand has been successfully upgraded after 12 years.
The deal will benefit New Zealand exporters of perishable goods such as seafood, the forestry sector, and other primary sector industries. The existing conditions for dairy products have been maintained, with all . . .
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