IN THE KNOW: MFAT - Understanding Free Trade Agreements 

New Zealand Ministry of Foreign Affairs & Trade


About free trade agreements

A free trade agreement (FTA) between two countries or a group of countries can be used to set the rules for how countries treat each other when it comes to doing business together. While we look to pursue New Zealand’s trade goals through the World Trade Organization (the WTO), involving over 160 economies, the WTO’s consensus decision-making process means that progress can be slow, and agreements may not address the specific interests and issues of individual countries. FTAs offer an additional avenue to advance our trade interests.


Read more here. . . Understanding Free Trade Agreements