Todd McClay: Trade Minister on the free trade agreement struck with the nations in the Gulf Cooperation Council
New Zealand is getting a leg up in the competitive market of global exports.
A free trade agreement has been made between New Zealand and the Middle East countries belonging to the Gulf Cooperation Council.
It comprises Saudi Arabia, UAE, Kuwait, Qatar, Oman, and Bahrain.
Trade Minister Todd McClay told Mike Hosking New Zealand will be able to trade more with these countries.
He says the tariffs weren't high, but bringing them down to zero gives exporters a competitive advantage.
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