Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

China, New Zealand sign trade agreement

|
|
 
  
Published: April 7, 2008 at 8:24 AM
Advertisement

BEIJING, April 7 (UPI) -- China and New Zealand signed a free trade agreement Monday called "historically significant" by Wen Jiabao" class="tpstyle">Chinese Premier Wen Jiabao.

It was the first such agreement between China and a developed country, Xinhua reported. New Zealand Prime Minister Helen Clark called the agreement "a significant achievement."

Wen said the agreement would "promote economic growth and bring practical benefits to the two peoples." He called Monday "a day of historic significance," Xinhua reported.

The agreement is New Zealand's largest such pact since 1983 when it reached a trade agreement with Australia.

China ranks third on New Zealand's list of trade partners. For export profits, China ranks fifth.

The deal was signed by New Zealand Trade Minister Phil Goff and Chinese Commerce Minister Chen Deming.

Topics: Chen Deming, Chinese Premier Wen Jiabao, Helen Clark, Phil Goff, Wen Jiabao
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Protesters, police clash at NATO summit Notable deaths of 2012 2012 Billboard Music Awards
The 137th Preakness Stakes Annual Solar eclipse occurs in U.S. Chen Guangcheng arrives in the U.S.
Additional Business News Stories
1 of 26
President Obama Delivers the Commencement Address at the Air Force Academy Graduation in Colorado
View Caption
Air Force Academy cadet Katherine Lee Dials reacts as another cadet replaces her shoulder boards after walking the line at the United States Air Force Academy Graduation Ceremony at Falcon Stadium on May 23, 2012 in Colorado Springs, Colorado. The Air Force Academy graduated 1074 cadets this year. UPI Photo/Marc Piscotty.
fark
Missing [✔] White [ ] Girl [✔] aaaaaand that's why the news is just now reporting that she disappeared...
What a 19-year old said after peeing in the back of a police car: C) I told you I had to go, you...
Yes I built a gigantic bull sculpture next to the highway. DO I LOOK CRAZY TO YOU?
Kid refuses to wear hearing aid because "Superheroes don't", so Marvel creates one for him
If you are in the mood for a real-life adventure story, read about William Morgan, an American who...
Four-alarm fire on board nuclear submarine in dry-dock at Maine naval base. In other news, half-price...