We have a deal!
🤝🇳🇿 The #EUNZ trade agreement unlocks a new market for EU companies and is a motor for sustainable economic growth. Here’s how 🧵
EU and NZ will remove virtually all tariffs on trade between them. No tariffs = lower costs = cheaper inputs for companies = better choice for consumers.
and 🇳🇿 will eliminate all tariffs on green goods and liberalize green services on the first day of application of the deal.
 
A good example of how trade agreements can contribute to sustainability.
The #EUNZ deal opens the New Zealand services market to EU companies in key sectors like financial, telecom, maritime transport and delivery services.
The #EUNZ deal supports EU farmers. It opens new opportunities with lower tariffs and by protecting traditional food names. It also shields sensitive sectors through tariff rate quotas.
The #EUNZ deal has ambitious sustainability provisions:
 
🌳Commitments on the Paris Climate Agreement
👷Workers’ rights
🟰 Gender equality provisions
🏭Provisions on fossil fuel subsidies reform
💪Strongest enforcement rules in an EU trade deal
In a nutshell: The #EUNZ trade agreement is a major step forward for sustainable economic growth.
It’s good doing business with likeminded partners.

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More from @WeyandSabine

May 16
🇪🇺🇺🇸 The EU-US Trade and Technology Council just concluded. It has moved from agenda-setting (Pittsburgh) to policy-setting (Paris). My main takeaways🧵1/4
Supply chain resilience is the biggest single global issue post-COVID and amid Russia’s aggression against Ukraine.
 
The #TTC has set up an early warning mechanism on semiconductors to be better prepared for supply disruptions.
 
Trade must flow for our economies to succeed. 2/4
Increased transatlantic trade and investment is a key priority under the #TTC. Ministers agreed today to work even closer on public procurement, conformity assessment, and avoiding potential trade barriers.
 
Open trade is critical for economic resilience for both sides. 3/4
Read 4 tweets
Jan 5, 2021
I disagree with the assertion, and I ask myself against what benchmark the EU is measured here. The EU’s 2019 China Communication sets out a comprehensive strategy that treats China simultaneously as a negotiating partner, an ec competitor and a systemic rival. 1/5
This captures the complexity of China and of our relationship with Beijing. We share the same planet, without engaging China in the rules-based system, whether on climate or trade, we will not be able to address the global challenges we face. 2/5
At the same time, we work 4 an alliance of democracies 2 address the systemic challenges 🇨🇳 raises (cf EU offer 2 US) + autonomous tools 2 protect ourselves +promote our values - eg FDI screening, 5G toolbox, export controls, HR sanctions instrument, work on disinformation 3/5
Read 5 tweets
Mar 30, 2020
„We urge all G20 members 2 work twds commitments 2 remove restrictive measures on imports + set moratorium on new unilat. tariffs; 2 eliminate all tariffs on COVID-19 related products; to encourage manufacturers to increase capacity for producing equipment to fight COVID19“
„Avoiding unnecessary disruption of supply chains is essential, esp. (...) 4 critical medical + protective equipment. (...)any emergency measures should be targeted, proportionate, transparent + temporary, as is the case with the export auth. measures in the EU.“
„Refrain from the introduction of export restrictions or other distortive measures in the agri-food sector. There is no global supply shortage at this time and such measures are completely unjustified.“
Read 6 tweets

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