FTA

EU-New Zealand trade agreement

On 30 June 2022, the EU and New Zealand concluded negotiations for a comprehensive trade agreement. With EU being the third largest trade partner of New Zealand, trade between the two countries is expected to increase by about 30%. Once the agreement enters into force, it would provide the following incentives: Eliminating tariffs on certain …

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India-UAE CEPA into force

On 18 February 2022, India and the UAE signed a Comprehensive Economic Partnership Agreement (CEPA) and it entered into force on 1 May 2022. The agreement covers trade in goods, customs procedures and trade facilitation, rules of origin, sanitary and phytosanitary measures, and trade in services among other aspects. The CEPA covers nearly all of …

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RCEP also effective for Malaysia

On 18 March 2022, the Regional Comprehensive Economic Partnership (RCEP) entered into force for Malaysia. RCEP is the largest trade bloc in the world and Malaysia now officially join the other RCEP member countries where it became effective; Australia, Brunei, Cambodia, China, Japan, South Korea, Laos, New Zealand, Singapore, Thailand, and Vietnam. The Malaysian ministry …

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