China and New Zealand signed a bilateral free-trade agreement after three years of negotiations. New Zealand became the first developed country to conclude such an agreement with China. The deal widened market access and included labor and environmental cooperation, illustrating how smaller states can negotiate with a much larger economy while seeking safeguards and reciprocal gains.
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What distinction did New Zealand claim for the 2008 China free-trade agreement?
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The New Zealand government described the agreement as the first FTA China had signed with a developed country.
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