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Hong Kong - New Zealand Closer Economic Partnership Agreement
Hong Kong and New Zealand signed the Hong Kong, China – New Zealand Closer Economic Partnership Agreement (CEP Agreement) on 29 March 2010. The Agreement is Hong Kong's first free trade agreement (FTA) with a foreign economy, and the second FTA following the Closer Economic Partnership Arrangement with the Mainland of China. Not only is it a landmark achievement in taking the bilateral trade and economic relations between Hong Kong and New Zealand to a higher plane, the CEP Agreement also signifies Hong Kong's desire and readiness in pursuing high quality FTAs with our trading partners.
The CEP Agreement is a comprehensive and high quality FTA that is fully consistent with the rules of the World Trade Organisation. It comprises trade liberalisation measures on both trade in goods and services. The two sides have also agreed on a work plan for future investment negotiations to enhance the investment flows between the two economies.
The CEP Agreement facilitates trade in goods and services between Hong Kong and New Zealand and opens up new business opportunities. It also strengthens the trade and investment ties between the two economies.
The CEP Agreement entered into force on 1 January 2011.
Key Outcomes Text of the Agreement
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Hong Kong, China - New Zealand Closer Economic Partnership Agreement Signing Ceremony
Hong Kong, China - New Zealand Closer Economic Partnership Agreement - Media stand-up session
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