The New Zealand-China Free Trade Agreement is a bilateral free trade agreement signed in April 2008 between the People`s Republic of China and New Zealand. It is China`s first free trade agreement with a developed country and New Zealand`s largest trade agreement since the 1983 agreement establishing closer economic relations with Australia.  The New Zealand-China Free Trade Agreement was signed in Beijing on April 7, 2008, after negotiations continued over 15 years. It came into force on 1 October 2008, after ratification by the New Zealand Parliament. The provisions of the agreement are expected to be phased in gradually over a 12-year period and fully into force in 2019. On 7 April 2008, Chinese Prime Minister Wen Jiabao and New Zealand Prime Minister Helen Clark attended the signing in Beijing of the China-New Zealand Free Trade Agreement, which came into force on 1 October 2008. The agreement, which covers areas such as trade in goods, trade in services and investment, is the first comprehensive free trade agreement ever signed by China, as well as The first free trade agreement signed by China with a developed country. The free trade agreement between New Zealand and China lasted more than three years. On 19 November 2004, Helen Clark and the President of the People`s Republic of China, Hu Jintao, announced negotiations for a free trade agreement at the APEC Heads of State and Government Meeting in Santiago, Chile. The first round of negotiations took place in December 2004. Fifteen rounds took place before the signing of the free trade agreement in April 2008 by New Zealand Trade Minister Phil Goff and Chinese Trade Minister Chen Deming in the Great Hall of the People`s Hall in Beijing.   “This ensures that our enhanced free trade agreement remains the best thing China has with each country,” Prime Minister Jacinda Ardern said in a statement released after her bilateral meeting with Chinese Premier Li Keqiang at the East Asia Summit in Thailand.
Premier Jacinda Ardern and Minister of Trade and Export Growth David Parker announced the conclusion of negotiations to enhance the existing New Zealand-China free trade agreement. There are also plans to improve existing mechanisms for cooperation and dialogue, particularly in tariff barriers. The revaluation expands customs regulations; and to facilitate compliance with labelling requirements for our exporters. We also agreed on a subsidiary letter on alternatives to animal testing for cosmetics. Modernization would ensure that almost all of New Zealand`s timber and paper trade to China will have preferential access over the next decade, he said. The agreement also provides additional transparency in the treatment of forest products as part of forward-looking commitments under the existing free trade agreement. In early November 2019, New Zealand and China agreed to strengthen their free trade agreement. The new provisions included facilitating exports to China, improving China`s commitment to environmental standards, and New Zealand`s preferential access to timber and paper trade with China.
In exchange, New Zealand will relax visa restrictions for Chinese travel guides and Chinese language teachers.   On September 1, 2011, revised rules of origin for trans-Tasman trade came into effect. For more information on the rules of origin for ANCERTA and general instructions for using the agreement, see fact sheet 20 (PDF 268 KB). More information can also be found on the MFAT website. The Trans-Pacific Strategic Economic Partnership Agreement (P4) is an agreement between Brunei Darussalam, Chile, Singapore and NZ.