New Zealand has secured a free trade agreement with the European Union, estimated to be worth $1.8 billion annually when it’s fully implemented.
It will remove 91% of tariffs as soon as the deal is actioned, worth an estimated $100 million just in duties savings.
Read more: EU and New Zealand secure free trade agreement
New Zealand has secured a major free trade deal with the European Union which could see a $1.8 billion increase in export revenue for Aotearoa each year.
Read more: NZ secures historic free trade deal with EU
China has labelled Prime Minister Jacinda Ardern's comments about Beijing's growing assertiveness "misguided accusations" and warned they won't help the two countries keep their relationship on "the right track".
In a statement on Thursday night, a spokesperson for the Chinese Embassy in New Zealand said representatives had taken note of Ardern's remarks at the NATO leaders' summit in Madrid, Spain.
New Zealand and the European Union have struck an historic free trade deal, "unlocking access to one of the world's biggest and most lucrative markets" after four years of tough negotiating.
Prime Minister Jacinda Ardern and President of the European Union Ursula von der Leyen unveiled the details in Brussels, but it was touch and go as to whether a good enough deal could be agreed.
Read more: New Zealand secures historic free trade deal with European Union
Russian forces abandoned the strategic Black Sea outpost of Snake Island on Thursday (local time), in a major victory for Ukraine that could loosen the grip of Russia's blockade on Ukrainian ports.
Russia's defence ministry said it had decided to withdraw from the outcrop as a "gesture of goodwill" to show Moscow was not obstructing UN efforts to open a humanitarian corridor allowing grains to be shipped from Ukraine.
Read more: Russia abandons Snake Island in 'big victory' for Ukraine
Kia ora koutou katoa.
It is a rare thing to have New Zealand represented at a NATO Summit. While we have worked together in theatres such as Afghanistan, and have been partners for just on a decade, today represents an important moment for our Pacific nation.
Read more: PM's comments to NATO session
The Defence Force says it wants to move away from “big bang” improvements of its aircraft, and instead join the United States Navy in two-yearly upgrades.
High-ranking defence officials fronted the Foreign Affairs, Defence and Trade select committee on Thursday to answers MPs questions on billion-dollar acquisitions of aircraft and other defence assets.
Read more: Defence Force wants to move away from 'big bang' upgrades of its aircraft
The crew of HMNZS Te Mana are undertaking high-tempo warfare generation and damage control exercises as the ship sails across the Pacific on her way home to Aotearoa.
Read more: HMNZS Te Mana Coming Up To Speed
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