Britain and New Zealand have reached an agreement in principle on a free trade deal designed to reduce tariffs, improve services trade, and take London one step closer to membership of a broader trans-Pacific trade agreement.

Prime ministers Boris Johnson and Jacinda Ardern sealed the deal in a Zoom call on Wednesday after 16 months of negotiation.

"This is a great trade deal for the United Kingdom, cementing our long friendship with New Zealand and furthering our ties with the Indo-Pacific," Johnson said in a statement.

It comes only months after a similar British agreement with Australia as ministers in London look to flesh out a post-Brexit pivot away from relying on commerce with the European Union.

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