As of May 1 2024, the new Free Trade Agreement between the EU and New Zealand is officially in effect. 📈🌏

Did you know that in 2023, Belgium ranked third among EU27 countries as an importer of goods from New Zealand? With this new agreement, trade is expected to increase by a remarkable 30%!

Here are some of the key benefits:
✔️ Significant savings in customs duties for businesses, estimated at €140 million.
✔️ Faster movement of goods due to reduced administrative burdens and procedures.
✔️ Improved access for EUcompanies to public procurement in New Zealand for goods, services, works, and concessions.

We are excited about the opportunities this brings to our clients and partners. Let’s make the most of this enhanced trade relationship!

#EmbassyFreightBelgium #EUNewZealand #FreeTradeAgreement #Logistics #GlobalTrade