New Zealand and UK sign trade continuity agreement as Jacinda Ardern and Theresa May meet in London

New Zealand and the United Kingdom have signed a mutual recognition agreement in London today.

The agreement will ensure continuity of trade, regardless of how Brexit pans out, as Prime Minister Jacinda Ardern met with her British counterpart Theresa May at 10 Downing Street.

Ms Ardern told media in London today the pair had a "wide ranging and constructive discussion".

The Free Trade Agreement will essentially mean New Zealand businesses will be no worse off from the day Brexit arrangements come into force.

"It means our businesses can continue with confidence knowing that our products will continue to be treated in the same way here they are currently by for instance to the EU, Ms Ardern said.

"It gives certainty that I think our businesses and exporters, particularly our meat producers will be looking for."

It provides certainty for Kiwi businesses under any scenario between the UK and EU. Source: 1 NEWS

New Zealand's High Commissioner to the UK, Sir Jerry Mateparae, and Liam Fox, Britain's Secretary of State for International Trade signed the mutual recognition agreement today.

"It means New Zealand businesses can prepare for trade with the UK. It also sets up for the potential for a free trade agreement once the UK is in the position to do so," says Sir Jerry.

The Prime Minister says it’s an interim measure, but an important interim measure.

Tomorrow, Ms Ardern will head to Davos, Switzerland, for the World Economic Forum.

New Zealand's PM talks about a mutual recognition trade agreement, signed between the two countries. Source: 1 NEWS