New Zealand-United Kingdom: Trade deal could reduce wine tariffs
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New Zealand and the United Kingdom are reportedly entering another round of talks regarding a free trade deal that would lead to much lower tariffs on New Zealand beef, lamb, and wine entering the United Kingdom, as well as cars, food, and gin entering New Zealand. Britain’s Secretary of State for International Trade has been reported as saying the deal with New Zealand is a step toward joining the Comprehensive and Progressive Trans-Pacific Partnership, whose members include Australia, Canada, Japan, Mexico, New Zealand, Singapore, and Vietnam. There are differing reports on how far the negotiations have progressed so far, with some reports describing this as the “final round” while others characterising the negotiations as in their early stages