AreaEuropean Union

Commodity GroupMeat

CommodityAll

Date23/07/2023

Policy CategoryTrade

Policy InstrumentTrade agreement

DescriptionSigned a trade agreement with New Zealand. The agreement removes all tariffs on EU agrifood exports to New Zealand upon entry into force. For agrifood imports into the European Union, tariffs rate quotas for some products will be applied, notably on beef, with a tariff rate quota of 10 000 metric tonnes to be imported with reduced duty of 7.5 percent. This volume will be gradually phased in over seven years from the entry into force of the agreement and limited to high quality grass-fed beef.