THE Malaysia-New Zealand free trade agreement (FTA) will further strengthen the long-standing friendly relationship between New Zealand and Malaysia. Together with the Asean-Australia-New Zealand FTA (AANZFTA) signed earlier this year, the Malaysia-New Zealand bilateral FTA provides a framework for closer economic cooperation and partnership between both countries’ business communities.
It is a further tangible expression of New Zealand’s commitment to relations with Malaysia and other countries in this rapidly integrating region. The significance of the agreement can be understood in the context of the robust and growing trade between the two countries.