Implementation of EU-New Zealand Free Trade Agreement regarding agricultural quotas

Summary

The European Parliament has decided not to object to a new regulation that adjusts agricultural import and export quotas to align with the free trade agreement between the EU and New Zealand.
9 22.04.2024
Other
trade
economy
international relations
agriculture, forestry and fisheries

Key points

  • The decision facilitates the implementation of the Free Trade Agreement between the EU and New Zealand.
  • New tariff rate quotas will be introduced for products originating in New Zealand.
  • Existing WTO country-specific tariff rate quotas are being amended.
  • Obsolete provisions regarding export tariff quotas for milk powder are being deleted to align with the new agreement.
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