As part of a multilateral trade pact being negotiated at the World Trade Organization (WTO), New Zealand and Canada have to cut their import tariffs on a number of environmental goods and it was announced on July 8, 2014. According to their negotiations, it will mean cutting environmental tariffs, which average 35% globally, to about 5%. This will mean liberalizing market access for rival goods for New Zealand. The negotiations will be open to any WTO member committed to liberalization and aspiration due to help free trade in environmental goods. It will also include the United States, China, the European Union, and Japan.
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