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flag EU and New Zealand boost trade, cut barriers, and prepare for new environmental rules.

flag EU and New Zealand officials have agreed to boost trade and cut costs through their first joint trade committee meeting, signing a declaration to reduce non-tariff barriers and support fair market access. flag Two-way trade hit NZ$21.58 billion by June 2025, up $2 billion since their free trade agreement took effect. flag They discussed compliance with the EU’s Deforestation Regulation starting January 2026, with a six-month exemption, and pledged to ease regulatory burdens. flag A follow-up meeting is planned during November’s CPTPP and EU dialogue.

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