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#Europe

EU-New Zealand trade agreement enters into force, opening new opportunities for EU exporters

EU businesses, producers and farmers are now able to take advantage of a host of new export opportunities with the entry into force of the EU-New Zealand trade agreement today. The deal is expected to cut €140 million a year in duties for EU companies.

Thanks to this deal, EU-New Zealand trade is expected to grow by up to 30% within a decade, with EU exports potentially growing by up to €4.5 billion annually. EU investment into New Zealand has the potential to grow by up to 80%. This landmark agreement also includes unprecedented sustainability commitments, including respect of the Paris Climate Agreement and core labour rights.

EU farmers will benefit from the elimination of tariffs on key EU exports such as pig meat, wine and sparkling wine, chocolate, sugar confectionary and biscuits. Moreover, the agreement protects the full list of EU wines and spirits (close to 2,000 names), such as Prosecco and Champagne, as well as 163 of the most renowned traditional EU products (Geographical Indications), such as Feta cheese, Istarski pršut ham and Lübecker Marzipan. Meanwhile, sensitive EU agricultural products such as beef, sheepmeat and dairy products are protected with carefully designed tariff rate quotas.

EU business can now take advantage of benefits such as:

  • Zero tariffs on EU exports to New Zealand.
  • A more open New Zealand services market in key sectors such as financial services, telecommunications, maritime transport and delivery services.
  • Non-discriminatory treatment of EU investors in New Zealand.
  • Improved access for EU companies to New Zealand government procurement contracts for goods, services, works and works concessions.
  • A dedicated chapter to help small business exports.
  • Significantly reduced compliance requirements and procedures.

Practical information to help EU exporters take advantage of these new opportunities can be found on the Commission's Access2Markets page:

https://trade.ec.europa.eu/access-to-markets/en/content/eu-new-zealand-free-trade-agreement





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#Research & Development

2026 general meeting of the Friends and Supporters of RWTH Aachen at ITA

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#Natural Fibers

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#Knitting & Hosiery

Footwear innovation enabled by warp knitting technology– insights from New Balance

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#Natural Fibers

Cashmere specialist joins AbTF Board of Trustees

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#Europe

Circular economy offers the EU win-win on environment and economy

Stepping up a circular economy offers the European Union the potential for significant positive impacts on Europe’s environment and poses an untapped and strategic economic opportunity in terms of better access to materials and the creation of new businesses. Three new assessments on circularity, published today by the European Environment Agency (EEA), also stress the need to accelerate investment in circularity efforts to meet EU climate and environment policy targets.

#Europe

EU and Australia strengthen relations with Security and Defence Partnership and Trade Agreement

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#Europe

Commission presents proposal for EU Inc. - unlocking the full potential of the Single Market for Europe's entrepreneurs

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#Associations

European Business Coalition welcomes provisional application of EU–Mercosur Agreement and calls for Swift and full implementation

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#Recycling / Circular Economy

HKRITA signs MoU with Jeanologia and Looptworks to establish the Green Machine Circular Textile Ecosystem

The Hong Kong Research Institute of Textiles and Apparel (HKRITA) yesterday officially signed a landmark Memorandum of Understanding (MoU) with two key global partners, Jeanologia and Looptworks, to establish the Green Machine Circular Textile Ecosystem – a first-of-its-kind collaboration to accelerate the large-scale recycling of blended textiles.

#ITM 2026

ITM 2028 opens exhibitor registration following successful 2026 edition

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#Spinning

Object Carpet tests production of rPET BCF yarn on Neumag BCF line

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#ITM 2026

ITM 2026: Mayer & Cie. Global presents itself successfully at international industry trade fair

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