You are using an older browser version. Please use a supported version for the best MSN experience.

PM says China FTA upgrade a priority

NZ Newswire logoNZ Newswire 20/03/2017

Bill English © Hagen Hopkins/Getty Images Bill English Nine years after the Chinese Free Trade Agreement came into force, New Zealand is looking for an upgrade.

Prime Minister Bill English will discuss plans to grow the agreement with Premier Li Keqiang when he visits New Zealand later this month.

Mr Li will be travelling with a large delegation of Chinese business leaders, visiting Wellington and Auckland over three days next week.

Mr English said the free trade agreement would "undoubtedly" be one of the topics discussed.

"It's now nine years since it came into effect and New Zealand has been keen to make progress on upgrading that FTA," he said.

"We'll also be looking at other ways to widen and deepen a relationship that now has strong business, tourism, education and cultural components."

Mr English said trade between the two nations is worth $23 billion, three times what it was before the agreement was signed in 2008.

China took over from Australia in 2013 as New Zealand's largest trading partner, according to Treasury.

image beaconimage beaconimage beacon