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# NZ-UAE trade deal slashes export tariffs by 98.5 percent
- URL: https://goodoil.news/nz-uae-trade-deal-slashes-export-tariffs-by-98-5-percent/
- Published: 2025-01-13T01:11:07.000Z
- Updated: 2025-01-13T02:00:24.000Z
- Description: A "trusted partner."
- Author: Centrist
- Tags: News

Summarised by [Centrist](http://centrist.nz/?ref=goodoil.news)

**Prime Minister Christopher Luxon heads to the UAE to witness the signing of a groundbreaking trade deal.** The Comprehensive Economic Partnership Agreement (CEPA) will eliminate tariffs on 98.5 percent of New Zealand exports, boosting trade valued at $1.3b.

Luxon called the UAE a “trusted partner,” noting the agreement as part of efforts to double export value in 10 years. He aims to promote New Zealand as a hub for sustainable innovation and investment.

[**Read more over at RNZ**](https://www.rnz.co.nz/news/political/538749/nz-uae-trade-deal-to-cut-export-tax-by-98-point-5-percent-pm?utm%5Fsource=Klaviyo&utm%5Fmedium=email&%5Fkx=gt%5F8S35YimFGdYtYnfV0LJWIrseBatGYoTFrOTWj2qH3JoHS%5FGfaS99gstsQwRNU.VYfxNg)

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