To find out more about the EU`s current trade relationship with New Zealand, SIAS analyses the potential economic, social, human and environmental effects of trade agreements negotiated by the European Union (EU). They are based on a robust analysis of the changes that may be caused by the trade agreement in the EU, in the partner country and in developing countries. It is equally important that they include a broad consultation of stakeholders in the EU and in the partner country. AIS are carried out independently of external consultants on behalf of the European Commission. The results and recommendations of the AIS are integrated into the negotiations and help negotiators to optimise related policy decisions. A Sustainability Impact Assessment (AIS) has been launched to support the FTA negotiations. The objective of the SAA is to assess the potential impact of the trade and trade provisions of the proposed free trade agreement on economic, social, human rights and environmental aspects in any trading partner and in other relevant countries. For more information on AIS, visit the EU-New Zealand special website of the AES. Kiwi trade representatives stressed that the EU`s approach to market access so far is typical of its previous negotiations and that the potential benefits of New Zealand`s third largest export market are worth the round trips. Europe has recognised that trade agreements do not have much of a future if they do not have binding environmental commitments. New Zealand is a party to several Free Trade Agreements (SAAs) around the world. New Zealand is one of the fastest growing developed economies. As a result, bilateral trade in goods between the EU and New Zealand has steadily increased in recent years, reaching around €8.7 billion in 2017.
In this context, the EU and New Zealand have agreed to negotiate a free trade agreement between the EU and New Zealand. On 22 May 2018, the Council of the European Union authorised the opening of negotiations which started in June 2018 and are currently ongoing. We discussed geographical indications for protection under the agreement. Learn more. Major EU countries, including France and the Netherlands, but also former sceptics like Germany, have asked the Commission to use trade agreements as leverage to encourage other countries to meet their Paris climate commitments. Public submissions, opinions and background to the negotiations on the EU-New Zealand Free Trade Agreement are available. We will add more information during the negotiations. Bilateral merchandise trade between the two partners has steadily increased in recent years, reaching nearly €8.7 billion in 2017. The EU is New Zealand`s third largest trading partner.
The ongoing talks between the EU and the UK for a post-Brexit trade deal are also a complication: both the EU and New Zealand could change their approach depending on the final form of the UK deal. While it is still unclear what these new environmental chapters will look like, it is likely that they will focus on some concrete commitments, such as the goals of implementing the Paris Climate Agreement and ratifying the Core Standards of the International Labour Organization, rather than on broader commitments that would be more difficult to implement, said a Commission official . . .