International treaty

UK-New Zealand FTA Chapter 19: State-Owned Enterprises and Designated Monopolies

Text of chapter 19 and associated annexes of the Free Trade Agreement (FTA) between the United Kingdom of Great Britain and Northern Ireland and New Zealand.

Documents

Chapter 19: State-Owned Enterprises and Designated Monopolies (PDF version)

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Annex 19A: Threshold Calculation (PDF version)

Annex 19C: Further Negotiations (PDF version)

Details

Organisations controlled by governments and engaged in commercial activities are often known as State-Owned Enterprises (SOEs). This chapter seeks to ensure that SOEs do not distort trade because of their relationship with government. It reassures businesses of each nation’s long-term commitment to guarantee that SOEs operate in accordance with commercial practices.

These provisions will ensure open and fair competition between private enterprises and businesses owned by either government. Open and fair competition will mean consumers benefit from greater innovation and choice, lower prices and greater quality of goods and services.

Updates to this page

Published 28 February 2022

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