Breaking News, World News and Taiwan News.

Updated Tuesday, November 3, 2009 11:23 am TWN, dpa

New Zealand and Gulf states finalize free trade pact

WELLINGTON -- New Zealand and the six states of the Gulf Cooperation Council (GCC) have concluded a free trade agreement, Trade Minister Tim Groser announced Monday. But details of the deal, involving Bahrain, Oman, Kuwait, Saudi Arabia, the United Arab Emirates and Qatar, remain under wraps until a legal verification process is completed and ministers sign it next year, Groser said. He said New Zealand exports to the GCC had risen 218 percent over the last nine years to NZ$1.3 billion (US$923 million) and two-way trade was worth NZ$3.85 billion.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email

New Zealand Breaking News

Updated Friday, February 5, 2010 10:50 am TWN
▪	Sharp spike in N. Zealand unemployment numbers
▪	NZ central bank holds key interest rate
▪	N.Z. house prices fall for first time in six months
▪	New Zealand annual trade deficit narrows on imports
▪	New Zealand's economy grows at snail's pace in Q3

Most Read

▪	Uncertainty in search after deadly Conn. blast
▪	Museum recruiting agency in gender discrimination scandal
▪	Female workers suffer serious salary discrimination: survey
▪	Local study proves relation between tobacco, lung cancer
▪	Yanukovich presses Ukraine rival to concede defeat

Sponsors
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Get Car Hire Asia, Thailand, Middle East, Cyprus, Dubai, USA
▪	Beijing Hotels, Shanghai Hotels and Guangzhou Hotels discount booking via sinohotel.com
▪	Business Directory