EU and New Zealand agree a more secure and trade-friendly customs environment
date: 03/07/2017
The EU and New Zealand have signed today an Agreement on Cooperation and Mutual Administrative Assistance in Customs Matters, an important step in strengthening EU-New Zealand relations.
The agreement will benefit legitimate trade between the two parties by creating a more secure and trade-friendly environment as their customs authorities will exchange more information to ensure the proper application of customs legislation under the Agreement.
Today's agreement will further help to prevent, investigate and combat breaches of customs legislation.
New Zealand is a close partner of the EU, with total trade in goods amounting to €8.1bn in 2016 and total trade in commercial services amounting to further €4.3bn in 2015.