The United States and New Zealand have noted the strong and growing trade relationship between the two countries and discussed a full range of bilateral issues after two days of meetings under the Trade and Investment Framework Agreement (TIFA).

Concluding last week on 20 July, the meetings were led by deputy US Trade Representative Jeffrey Gerrish and ambassador Tim Groser for New Zealand, with Ministry of Foreign Affairs and Trade director general Clare Kelly leading a delegation from Wellington.

During the meetings, the US and New Zealand agreed to a programme of expanded cooperation on issues of shared interest, including working together to address trade barriers in third-country markets and exchanging information about unfair trade practices. 

The talks also recognised the importance of building on the "strong and close ongoing cooperation" between the United States and New Zealand at the World Trade Organization (WTO), the Asia-Pacific Economic Cooperation, and other international organisations. 

In addition, the US raised concerns regarding intellectual property and pressed for improvements.

Two-way goods trade between the US and New Zealand totalled US$8.1bn in 2017, with US goods exports to New Zealand totalling $3.9bn and imports amounting to $4.2bn.

The United States had a $237m goods trade deficit with New Zealand in 2017.