Business News & Articles
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NZ-UAE Bilateral Investment Treaty Boosts Economic Cooperation and Trade
18 Nov 2025 | 10 months ago | 968 viewsThe NZ-UAE Bilateral Investment Treaty has come into force, enhancing economic cooperation by providing clear investment rules and complementing the existing Comprehensive Economic Partnership Agreement. Both countries view these agreements as crucial for increasing two-way investment, strengthening private sector engagement, and supporting New Zealand's economic growth. Additionally, the establishment of the New Zealand-UAE Business Council aims to further boost trade, investment, and collaboration between the two nations.
Tags: Todd McClay Thani bin Ahmed Al Zeyoudi New Zealand United Arab Emirates Bilateral Investment Treaty Comprehensive Economic Partnership Agreement Trade and Investment MinisterNew Zealand Strengthens Forestry Trade with India in Successful Mission 2025
17 Nov 2025 | 10 months ago | 936 viewsNew Zealand’s forestry and wood-processing sector led a successful trade mission to India, aiming to expand growth opportunities and strengthen market ties. The mission produced tangible results under the Forestry Cooperation agreement, enhanced understanding of India’s forestry policies, and highlighted New Zealand’s premium timber products suited for India’s urbanization and sustainable construction. A return Indian forestry delegation will visit New Zealand in February 2026 to further develop the bilateral partnership and deepen strategic relations.
Tags: Todd McClay New Zealand India forestry trade mission Piyush Goyal timber products sustainable construction bilateral partnershipNew Zealand Secures $450 Million in Deals at China Import Expo, Expands Market Opportunities
10 Nov 2025 | 10 months ago | 1015 viewsTrade and Investment Minister Todd McClay announced new deals and partnerships worth up to $450 million at the China International Import Expo (CIIE). Over 20 Memorandums of Understanding and supply agreements were signed between New Zealand and Chinese companies during the event, with over 80 New Zealand companies participating. The focus was on showcasing premium Kiwi offerings across various sectors, and the importance of e-commerce and digital trade in meeting consumer demands in China was highlighted to support New Zealand exporters.
Tags: China New Zealand CIIE Todd McClay trade partnerships Memorandums of Understanding exporters agriculture digital tradeIndia's Commerce Minister Piyush Goyal Accelerates Trade Talks with New Zealand
07 Nov 2025 | 10 months ago | 1160 viewsIndia’s Commerce and Industry Minister Piyush Goyal and a large trade delegation visited New Zealand, deepening business ties and accelerating trade talks with Trade and Investment Minister Todd McClay. The visit included high-level meetings, engagements with the New Zealand Indian community, and discussions to advance negotiations for a free trade agreement (FTA) between the two countries. Both sides are committed to securing a balanced and ambitious FTA that will benefit their trade relationship and provide access to the growing Indian economy.
Tags: Piyush Goyal Todd McClay India New Zealand Trade Minister Free Trade Agreement Business Partnership NegotiationsDr Shane Reti Announces New Appointments to Pacific Business Trust and Centre for Pacific Languages Boards
04 Nov 2025 | 10 months ago | 1136 viewsDr Shane Reti has made new appointments to the Pacific Business Trust Board and the Centre for Pacific Languages Board, with Uluomato’otua Saulaulu Aiono appointed as Chair of the Pacific Business Trust Board. Nora Swann and Lanuola Moe-Penn have also joined the Board. Eli Tagi and Dr Rae Si’ilata were reappointed to the Centre for Pacific Language Board, with Dr Polu Apollo Taito as a new member. Dr Reti emphasizes the importance of these organizations in driving economic growth and preserving cultural identity. The appointed individuals bring diverse expertise and community connections to their respective boards, acknowledging the contributions of outgoing members.
Tags: Shane Reti Uluomato’otua Saulaulu Aiono Nora Swann Eli Tagi Rae Si’ilata Polu Apollo Taito Paul Retimanu Jean MitaeraNew Zealand Boosts Local Businesses with Procurement Rule Changes
08 Oct 2025 | 11 months ago | 1175 viewsChanges to government procurement rules in New Zealand aim to give local businesses a better chance at winning contracts by introducing an economic benefit test, effective from 1 December. These new rules, resulting from feedback received during consultation, include simplifying processes, reducing the number of rules, and emphasizing the economic value and job creation for Kiwis. The changes are designed to make it easier for both local and international businesses to compete for government contracts while upholding international trade commitments and ensuring responsible use of taxpayer money.
Tags: New Zealand Government contracts Economic Growth Minister Nicola Willis procurement rules businesses economic benefit test Kiwi businesses taxpayer money international companiesAdvancing New Zealand's Wood Processing Sector: Growth, Challenges, and Opportunities
07 Oct 2025 | 11 months ago | 1148 viewsThe speaker expresses gratitude for the opportunity to address the audience and acknowledges the leadership and commitment within New Zealand's wood processing sector. They highlight the importance of the sector to the national economy, emphasizing its role in regional prosperity and job creation. The speaker discusses challenges facing the industry, opportunities for growth through export value doubling objectives, government support initiatives such as the Wood Processing Growth Fund, and efforts to address barriers like energy costs and trade tariffs while reaffirming support for the sector's growth and excellence.
Tags: Mark Ross Don Hammond New Zealand Rotorua Gisborne Government Viet Nam India Australia United States Trade Representative Jamieson GreerNew Zealand Defence Industry Strategy: Boosting Local Businesses and Resilience
03 Oct 2025 | 11 months ago | 1208 viewsNew Zealand's Defence Industry Strategy aims to support local businesses in delivering defence equipment and infrastructure, aligning with the 2025 Defence Capability Plan to double defence spending. The strategy emphasizes building a resilient industry to mitigate global tensions and enhance economic growth through collaboration with Kiwi innovators and major suppliers. Key actions include requiring multinational companies to partner with local businesses, establishing a Technology Accelerator, and creating offshore opportunities for showcasing New Zealand-made innovations to international partners.
Tags: Defence Minister Judith Collins Associate Defence Minister Chris Penk Defence Industry Strategy New Zealand industry Defence Capability Plan economy innovation technology suppliersGovernment Announces Key Appointments in State-Owned Enterprises Portfolio
28 Sep 2025 | 12 months ago | 1236 viewsState-Owned Enterprises Minister Simeon Brown announced appointments and reappointments at Kiwi Group Capital Ltd and NZ Post. David McLean was reappointed as Chair at Kiwi Group, with Scott Pickering appointed as a director. At NZ Post, Alastair Bell and Grant Stapleton were appointed as directors. These appointments aim to ensure strong governance and leadership in State Owned Enterprises to meet future challenges and opportunities.
Tags: Simeon Brown David McLean Scott Pickering Alastair Bell Grant Stapleton Kiwi Group Capital Ltd NZ Post State Owned Enterprises New ZealandersNew Zealand Tourism Minister Leads Trade Mission to Strengthen China Relations
18 Sep 2025 | 1 year ago | 1155 viewsTourism and Hospitality Minister Louise Upston will lead an industry delegation on a tourism-focused trade mission to China, visiting Shanghai, Guangzhou, and Beijing to meet with Chinese airlines, e-commerce platforms, and tourism professionals. The mission aims to promote New Zealand's tourism sector, understand the Chinese market, and strengthen the relationship with China as it is New Zealand's third largest tourism market. Efforts include facilitating Chinese visitors' entry to New Zealand and fostering economic growth through tourism, friendship connections, and trade relationships.
Tags: Louise Upston China Tourism Hospitality Minister of Culture and Tourism New Zealand Trade mission Chinese market Aviation AccommodationNew Zealand and Saudi Arabia Establish Business Council to Boost Trade and Investment
17 Sep 2025 | 1 year ago | 1148 viewsMinister for Trade and Investment Todd McClay and Saudi Minister of Investment H. E. Dr Majid bin Abdullah Al-Kassabi signed a joint statement establishing the New Zealand–Saudi Arabia Business Council to enhance trade and investment between the two countries. Saudi Arabia, a top 20 export market for New Zealand with a significant economy, presents lucrative opportunities, especially with the upcoming free trade agreement with the Gulf Cooperation Council. The Business Council aims to support exporters, raise awareness of opportunities, strengthen relationships, and contribute to the government's goal of doubling exports in 10 years, ultimately creating more jobs and economic growth for New Zealand.
Tags: Minister for Trade and Investment Todd McClay Saudi Minister of Investment New Zealand–Saudi Arabia Business Council Saudi Arabia trade investment free trade agreement Gulf Cooperation Council exportersEnhancing Investment Links Between New Zealand and Saudi Arabia for Mutual Growth
16 Sep 2025 | 1 year ago | 1215 viewsMinister Todd McClay met with Saudi Arabia’s Minister of Investment to enhance investment ties between the two countries, leveraging Saudi Arabia’s Vision 2030 reform agenda. The meeting follows the New Zealand-Gulf Cooperation Council Free Trade Agreement and aims to boost trade and investment cooperation, focusing on key growth sectors like renewable energy and tourism. Both ministers agreed to establish a Cooperation Framework Agreement to facilitate investment opportunities and strengthen collaboration between the two countries.
Tags: Minister for Trade Investment Todd McClay Saudi Arabia Vision 2030 New Zealand Gulf Cooperation Council renewable energy cleantech advanced food productionNew Zealand and Saudi Arabia Forge $100 Million Trade Partnerships
15 Sep 2025 | 1 year ago | 1183 viewsMinister Todd McClay announced five new commercial partnerships between New Zealand and Saudi Arabian companies during a Trade and Investment mission in Riyadh, expecting over $100 million in commercial value. The partnerships aim to deepen trade relations, boost exports, and align with Saudi Arabia's Vision 2030 for premium solutions. Examples include collaborations in nutrition products, fruit production, animal management, and creative industries like design and construction.
Tags: Todd McClay Trade Investment Agriculture New Zealand Saudi Arabia Partnerships Commercial Exporters Vision 2030New Zealand Trade Mission to Riyadh: Strengthening Ties with Saudi Arabia
12 Sep 2025 | 1 year ago | 1277 viewsMinister Todd McClay will lead a delegation of 21 New Zealand businesses to Riyadh to enhance trade ties with Saudi Arabia, aiming to tap into the country's significant economic potential outlined in its Vision 2030 strategy. The mission will spotlight New Zealand's strengths in food, agriculture, technology, and creative sectors, aligning with the government's goal to double export value in a decade and support Saudi Arabia's development objectives. With Saudi Arabia already a key export market for New Zealand, bilateral trade has seen substantial growth, reaching $1.58 billion, showcasing the mutual benefits of the partnership.
Tags: Todd McClay Trade Investment Agriculture New Zealand Saudi Arabia Business Delegation Export Food Security DevelopmentNew Members Appointed to Boost New Zealand Tourism Board
21 Aug 2025 | 1 year ago | 1258 viewsTourism and Hospitality Minister Louise Upston announced the appointment of five new members and one reappointment to the New Zealand Tourism Board, highlighting the wealth of knowledge and experience they bring to strengthen efforts in marketing New Zealand as a visitor destination. The Board's critical role in driving up international visitor numbers is emphasized as tourism is New Zealand's second largest export and a key component of economic growth. Outgoing members are acknowledged for their service, with new appointments varying in term lengths from two to three years.
Tags: Louise Upston Chris Roberts Jane Patterson Jonathan Cameron Piers Bebbington Kevin Malloy Jacqui Walshe Steve Chadwick Jan Hunt Colleen Neville