New Zealand has partnered with the Governments of Singapore and Chile to create a new set of international trade rules that are better suited for a digital era.
As well as adapting the rules around trade, officials negotiating the agreement have committed to tackling online extremism, in light of the terror attack in Christchurch in March.
Minister of Trade and Export Growth, David Parker – who has been at an Asia-Pacific Economic Co-operation (Apec) meeting in Chile – said the future of trade is digital and, therefore, the rules should reflect that.
"The unprecedented growth of digital trade has led to a lag in the development of relevant international trade rules and norms."
He said the talks were an opportunity for New Zealand to help shape the international rules in this area to ensure they make it easier for businesses and consumers to take advantage of digital trade opportunities while protecting public and private interests.