Four countries signed the ACCTS, a trade pact focusing on sustainability and eliminating tariffs on environmental goods and services.

New Zealand, Costa Rica, Iceland, and Switzerland signed the ACCTS, a trade agreement focusing on sustainability. It eliminates tariffs on over 300 environmental goods and 100 services, supports eco-labelling, and bans new fossil fuel subsidies. This deal aims to boost New Zealand's economy and exports while reducing consumer costs. The agreement will be submitted to parliaments and could take effect in early 2026.

November 15, 2024
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