22 Dec 2025
10 months ago
1611 views
New Zealand and India have finalized a Free Trade Agreement that eliminates or reduces tariffs on 95% of New Zealand’s exports, providing unprecedented access to India’s 1.4 billion consumers and significantly boosting trade opportunities across multiple sectors. The agreement includes duty-free access for key products like sheep meat, seafood, kiwifruit, apples, and mānuka honey, along with enhanced services trade, skilled work visas, and protections for iconic New Zealand products. This historic deal aims to create thousands of jobs, increase exports, and strengthen economic ties, with formal signing expected in the first half of next year.
18 Dec 2025
10 months ago
1388 views
The Waihi North mining project has received fast-track consent to expand operations until 2043, significantly boosting New Zealand’s economy with an estimated $5.2 billion in silver and gold exports and supporting around 800 jobs. The expedited approval process took 112 working days, compared to the usual five years, and is expected to generate $422 million in Crown revenue for public services. Oceana Gold’s application includes new open pit and underground mines, extending mining beyond the original 2030 expiry and highlighting the Fast-track process’s role in accelerating major infrastructure projects.
16 Dec 2025
10 months ago
1693 views
New Zealand’s food and fibre exports are projected to reach a record $62 billion by June 2026, driven by strong demand, favorable growing conditions, and diverse sectors including meat, wool, horticulture, forestry, and dairy. Agriculture and Forestry Minister Todd McClay highlights government support through reforms, trade expansion, and sustainability initiatives, contributing to rising farmer confidence and economic recovery. The sector now accounts for 83% of all goods exports and employs one in seven New Zealanders, underscoring its vital role in the country’s economy and communities.
27 Nov 2025
11 months ago
1158 views
The New Zealand Government is actively reducing non-tariff trade barriers to support approximately $600 million in exports, boost business growth, and create jobs, with recent successes including expanded market access to China, Korea, and Mexico. Key initiatives such as trade agreements with the UAE, Gulf Cooperation Council, and ongoing negotiations with India have contributed to exports surpassing $100 billion for the first time, driven by strong growth in food and fibre sectors. Ministers Nicola Willis and Todd McClay emphasize that improving market access and trade certainty is essential for sustaining economic momentum, supporting jobs, and doubling export value within the next decade.
26 Nov 2025
11 months ago
1170 views
New Zealand has joined the international Minerals Security Partnership (MSP) to attract investment and support its Minerals Strategy, which aims to double mineral export value by 2035 and enhance sustainable global supply chains. The partnership aligns with New Zealand’s strengths in critical minerals essential for modern technologies and will help create high-paying jobs while strengthening international relationships. Several countries have benefited from MSP membership through financing commitments, and New Zealand expects similar opportunities to develop its critical minerals sector.
16 Nov 2025
11 months ago
1370 views
New Zealand Minister Todd McClay cautiously welcomed the US decision to remove additional reciprocal tariffs on key agricultural exports like beef and kiwifruit, which account for about 25% of New Zealand's exports to the US, worth NZ$2.21 billion annually. The rollback, estimated to save exporters around $330 million, restores pre-April tariff conditions but is only partial, as tariffs remain on other products, maintaining uncertainty and costs for exporters. McClay emphasized the balanced trade relationship and continues to urge the US to remove tariffs on all New Zealand exports.
10 Nov 2025
11 months ago
1144 views
Trade 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.
29 Oct 2025
12 months ago
1238 views
Biosecurity Minister Andrew Hoggard highlights the importance of strengthening New Zealand's biosecurity laws to protect against invasive pests and diseases, supporting economic growth in the food and fibre sector, which contributes significantly to the country's GDP. The proposed changes aim to enhance biosecurity defenses, with penalties for failing to declare risk goods at the border, improved management of pests and diseases, and more efficient import rules to support trade while maintaining high biosecurity standards. The Minister emphasizes the need to prevent incursions to safeguard New Zealand's competitive advantage in the global food and fibre export industry, with a draft bill reflecting these changes expected to progress through Parliament in the near future.
13 Oct 2025
1 year ago
1269 views
The Government celebrates a 7.5% increase in international visitor arrivals in August, signaling a positive trend for the tourism industry's recovery post-COVID. Minister Louise Upston emphasizes the economic importance of tourism as New Zealand's second highest export earner. The Tourism Industry Association survey indicates an 86% confidence level among tourism organizations for the upcoming year, reflecting the industry's optimism and the Government's investments to promote New Zealand as a top destination.
04 Oct 2025
1 year ago
1523 views
The New Zealand government is investing over $42 million in a Biodiscovery Platform to develop high-value pharmaceutical and bio-based exports from the country's natural resources. Led by the Bioeconomy Science Institute, this initiative aims to tap into the global market for bio-based products, particularly natural pharmaceuticals, which is expected to exceed $300 billion by 2027. By supporting research, innovation, and commercialization, the platform seeks to create jobs, grow businesses, and strengthen New Zealand's economy in alignment with the country's strategic focus on science and technology.
23 Sep 2025
1 year ago
1245 views
Trade and Investment Minister Todd McClay is heading to Kuala Lumpur for high-level ASEAN Economic Ministers’ Meetings, marking the 50th anniversary of New Zealand’s Dialogue Partnership with ASEAN and emphasizing the commitment to elevate the relationship to a Comprehensive Strategic Partnership. With ASEAN being New Zealand’s fourth-largest trading partner, valued at over $29 billion annually, the focus is on strengthening ties to double export value in a decade. Trade with ASEAN has doubled under AANZFTA in the past 15 years, with potential for further growth, and Mr. McClay aims to advance New Zealand’s priorities, support Kiwi businesses, and foster strong trade relationships during his visit.
18 Sep 2025
1 year ago
1289 views
Minister 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.
17 Sep 2025
1 year ago
1418 views
Parliament has passed the Customs (Levies and Other Matters) Amendment Bill, aiming to enhance revenue collection on imported and exported goods. The bill introduces a levy regime to recover Customs' goods management costs, allows for the collection of product stewardship fees, and streamlines the process for seeking GST refunds on returned imported goods. Customs Minister Casey Costello emphasizes that the bill does not change existing charges or introduce new ones, highlighting the importance of spreading costs across importers through a levy regime.
16 Sep 2025
1 year ago
1283 views
New Zealand's Trade and Investment Minister Todd McClay highlights the benefits for exporters from the World Trade Organisation's Agreement on Fisheries Subsidies coming into effect, aiming to ensure fair competition by prohibiting subsidies that support illegal fishing practices. McClay emphasizes that the agreement aligns with New Zealand's push for global reform in the fishing industry, promoting responsible production and safeguarding fish stocks. New Zealand's ratification of the agreement in 2023 reflects its commitment to supporting fair competition and doubling the value of exports, with a focus on the Pacific region where key partners and exporters operate.
16 Sep 2025
1 year ago
1339 views
Minister 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.