China’s Foreign Minister: Ready to work with New Zealand on upgraded version of the free trade agreement

Market news

19 March 2024

China’s Foreign Minister: Ready to work with New Zealand on upgraded version of the free trade agreement

Chinese Foreign Minister Wang Yi, during his visit to New Zealand on Tuesday, said that “China is ready to work with New Zealand to implement an upgraded version of the China-New Zealand free trade agreement.”

Additional quotes

Two sides should launch negotiations on negative list of service trade as soon as possible, so as to push bilateral cooperation to a new level.

China-New Zealand relations maintain a leading position among China's relations with developed countries.

Market reaction

Despite the upbeat headlines, NZD/USD is losing 0.17% on the day to trade at 0.6071, as of writing.

Australian Dollar exhibits sideways movement amid muted ASX 200, RBA decision eyed

PBoC sets USD/CNY reference rate at 7.0985 vs. 7.0943 previous

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