NEW ZEALAND HELPS TONGA TOWARD WTO

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MELBOURNE, Australia (Radio Australia, Mar. 9) - New Zealand has reportedly completed bilateral World Trade Organization negotiations with Tonga, paving the way for the kingdom to join the WTO.

The New Zealand Herald reports the completion of the bilateral talks means that New Zealand has agreed with Tonga on the terms for entry of goods and services to Tonga after it joins the WTO.

Countries joining the WTO need to reach agreement with key trading partners on terms for market access and demonstrate that their trade policies are consistent with WTO rules.

Trade Negotiations Minister Jim Sutton said the agreement was a significant step forward in Tonga's bid to join the WTO and helped New Zealand exporters to Tonga.

March 9, 2004

Radio Australia: www.abc.net.au/ra

 

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