New Zealand’s Breakthrough Free Trade Deal With the Gulf

Quick Summary:

After nearly two decades of talks, and numerous diplomatic twists and turns, the country has sealed an FTA with the Gulf Cooperation Council.

But New Zealand’s foreign minister at the time, Murray McCully, was determined to find a way forward that would make the GCC free trade deal possible.

A prominent Saudi businessman, Sheikh Hmood Ali Al Khalaf, felt hard done by after investing heavily in a New Zealand farm that focused on live exports to the Gulf.

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Article Details

Author / Journalist: Geoffrey Miller

Category: Economy

Markets: United StatesBahrainCanadaChinaIcelandIndiaIsraelKazakhstanKuwaitLiechtensteinMongoliaNew ZealandNorwayOmanQatarSaudi ArabiaSingaporeSri LankaSwitzerlandTaiwanUkraineUnited Arab EmiratesUnited KingdomUzbekistan

Topics: Zealand Minister Trade Deal Arabia Exports Saudi Gulf Free Zealand’s Agreement

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 02:50:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 3615 words

Reading Time: 21 minutes read

Sentences: 160 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23438649

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