Britons who love WHITE wine will enjoy cheaper pills after the UK concluded a £ 2.5bn trade deal with New Zealand last night.
After months of false dawnsnew trade secretary Anne-Marie Trevelyan was able to reach an agreement across the line.
This means that the British will be able to save 20 pensions on a bottle of exquisite Sauvignon Blanc and save on the gorgeous Manuka honey as well as on the delicious kiwi fruit.
The agreement will also be an incentive for British businesses to see lower tariffs on exports such as cars, clothing and technical services.
It will too make it easier for the British to work in New Zealand and allow businesses to open stores in Kiwi’s backyard.
Prime Minister Boris Johnson called the agreement a “big trade deal” in a “fantastic week for global Britain”.
He added that it “strengthens our long-standing friendship with New Zealand and helps expand our ties with the Indo-Pacific region,” adding: “It will benefit businesses and consumers across the country by cutting costs for exporters and opening access to our workers.”
New Zealand Prime Minister Jacinda Ardern said: “Britain and New Zealand are great friends and close partners. The historical ties that bind us together are deep.
“This world-leading free trade agreement lays the groundwork for even stronger ties as the two countries begin a new phase in our relations. It’s good for our economy, our business and our people. “
International Trade Secretary Anne-Marie Trevelyan said it was a “win-win” deal, which is “a vital part of our plan to level the playing field”.
It will also help the UK negotiate joining the Trans-Pacific Partnership – a free trade area with 11 Pacific countries worth £ 8.4 trillion.
Businesses welcomed the deal yesterday, and Mike Cherry of the National Chairman of the Small Business Federation said: “New Zealand has long been a priority market for UK small exporters – more than a quarter of whom are already sold there – and we welcome efforts to develop existing trade ties. which span many decades ”.
But last night the National Farmers Union ruined a deal involving a gradual easing of lamb kiwi imports.
NFU President Minett Batters said the deal “means we will open our doors to significant additional volumes of imported food – regardless of whether it is produced to our own high standards – and providing almost nothing in return for farmers from the UK.” .