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FINANCIAL NEWS
GCC States, New Zealand to enhance trade ties
29 Sep 2016
(MENAFN) New Zealand and the GCC States will work to get a free trade pact back on track after trade ministers from the Pacific nation and Saudi Arabia confirmed to enhance trade ties.Two-way trade between both sides, which includes Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain worth almost USD2.19bn annually.Moreover, New Zealand’s major exports to the region include dairy, sheep meat and wood, key components in the Pacific nation’s export basket.
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