UK lawyers will benefit from the UK-New Zealand free trade agreement, signed this week, the Law Society has said
The agreement removes tariffs on all UK exports to New Zealand (currently 10% on clothing and 5% on ships and bulldozers), while removing many restrictions on professional services.
Law Society president I Stephanie Boyce said: ‘The UK-New Zealand FTA commits to liberalising services in a way that strengthens existing bilateral relations and deepens market access, making it easier for professionals like lawyers to operate in each other’s economies.
‘Professional services and mechanisms to facilitate further recognition of professional qualifications are also outlined in the agreement. The Professional Services Annex confirms existing rights of UK and New Zealand lawyers to advise clients in their home country and international law and to provide arbitration, mediation and conciliation services in the other country’s territory using their original qualifications and title.
‘The agreement also establishes a legal services regulatory dialogue, which will help relevant legal bodies to facilitate a route for requalification that’s transparent and proportionate.’
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