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Summaries of EU Legislation

European Union–New Zealand Partnership Agreement on Relations and Cooperation

 

SUMMARY OF:

European Union–New Zealand Partnership Agreement on Relations and Cooperation

Decision (EU) 2016/2079 on the signing, provisional application of the agreement

Decision (EU) 2022/1007 on the conclusion of the agreement

WHAT IS THE AIM OF THE AGREEMENT AND THE DECISIONS?

  • The agreement aims to strengthen the partnership between the European Union (EU) and New Zealand and to deepen and enhance cooperation on issues of mutual interest.
  • Decision (EU) 2016/2079 confirms the signing and provisional application of the agreement on behalf of the EU.
  • Decision (EU) 2022/1007 concludes the agreement on behalf of the EU.

KEY POINTS

The agreement covers a number of elements, which include the following.

  • Trade in goods. It removes all duties on all EU goods exports to New Zealand and on EU food and drink exports, and eliminates or substantially reduces EU duties on most New Zealand goods exported to the EU.
  • Rules of origin. These rules ensure that products that have been significantly processed in one of the parties can benefit from the tariff preferences of the agreement.
  • Trade remedies. Any unfair trade between the parties can be dealt with by using trade defence instruments (anti-dumping, anti-subsidy, global safeguards).
  • Technical barriers to trade. It promotes transparency and the use of international standards to facilitate market access while safeguarding the levels of protection that each party deems appropriate.
  • Investment liberalisation and trade in services. It makes it easier for EU firms to provide services to New Zealand and open opportunities to invest in both services and manufacturing sectors. It also ensures a level playing field between EU service providers and their competitors in New Zealand.
  • Government procurement. The parties will reciprocally open up their procurement markets beyond what is already covered under the World Trade Organization government procurement agreement.
  • Intellectual property. It includes rules on copyright and related rights, trade marks, industrial designs, geographical indications, plant varieties and the protection of undisclosed information.
  • Trade and sustainable development. It covers labour, women’s empowerment and environmental and climate matters. It protects both parties’ right to regulate and prohibits the parties from weakening or failing to enforce their laws in order to encourage trade or investment.
  • Dispute resolution. It puts in place a fair, efficient and effective mechanism to solve disputes that may arise regarding the interpretation and application of the agreement’s rules.

DATE OF ENTRY INTO FORCE

The agreement has applied since 21 July 2022.

BACKGROUND

For further information, see:

MAIN DOCUMENTS

Council Decision (EU) 2016/2079 of 29 September 2016 on the signing, on behalf of the European Union, and provisional application of the Partnership Agreement on Relations and Cooperation between the European Union and its Member States, of the one part, and New Zealand, of the other part (OJ L 321, 29.11.2016, pp. 1–2).

Partnership Agreement on Relations and Cooperation between the European Union and its Member States, of the one part, and New Zealand, of the other part (OJ L 321, 29.11.2016, pp. 3–30).

Council Decision (EU) 2022/1007 of 20 June 2022 on the conclusion on behalf of the Union of the Partnership Agreement on Relations and Cooperation between the European Union and its Member States, of the one part, and New Zealand, of the other part (OJ L 171, 28.6.2022, pp. 1–2).

RELATED DOCUMENTS

Notice concerning the entry into force of the Partnership Agreement on Relations and Cooperation between the European Union and its Member States, of the one part, and New Zealand, of the other part (OJ L 183, 8.7.2022, p. 1).

last update 07.12.2022

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