Trade Minister Phil Goff said Tuesday he's hopeful China and New Zealand have completed formal talks to finalize a free trade agreement between the two states _ the first such deal by China with an advanced economy.
Under the proposed agreement, China will phase out tariffs on New Zealand agriculture products and New Zealand will remove remaining tariffs on Chinese textiles and footwear.
Timeframes for this to happen have yet to be confirmed, but Goff said the two countries aim to sign the final agreement in April.
Ministers have predicted that the trade deal will potentially boost New Zealand's exports of goods and services to China by up to 400 …
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