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GCC-New Zealand FTA deal imminent

New Zealand–GCC Free Trade Agreement (FTA)

New Zealand Trade Minister Tim Groser indicated confidence concerning the signing of a extensive Free Trade Agreement (FTA) that will reduced trade barriers between Saudi Arabia along with other GCC states. Groser said, "We're producing a lot of improvement so far as the New Zealand-GCC totally Free Trade Agreement is involved, " before he left the Saudi Kingdom on Tuesday, there are just a few legal issues being ironed out and clarified. Negotiations on the New Zealand–GCC Free Trade Agreement (FTA) successfully concluded on October 31st in 2011 following six rounds of negotiations. Ambassador Hamish MacMaster, who was with Deputy Chief of Mission…

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