New Zealand ratifies revised GPA

New Zealand has ratified the WTO’s revised Agreement on Government Procurement (GPA) and will benefit from new market access opportunities and other provisions under the pact starting next month. It submitted the country’s instrument of accession today to the WTO Secretariat.

New Zealand becomes the second WTO member to formally accede to the revised GPA, which entered into force in April 2014 following the deposit of instruments of acceptance by most existing GPA parties.

New Zealand applied for accession to the GPA in September 2012 and submitted its first market access offer later the same month. On 29 October 2014, the GPA committee approved New Zealand’s accession terms.

The GPA will take effect for New Zealand in 30 days, i.e. on 12 August 2015. Montenegro, which also completed negotiations on its accession to the GPA last October, deposited its instrument of acceptance in June and will be a party to the Agreement as of tomorrow, 15 July.

You can find more information about the GPA here