20 Jul 2026
3 months ago
786 views
The New Zealand Government has agreed to provide up to $60 million to Golden Bay Cement (GBC) to maintain domestic cement manufacturing at its Whangarei plant and support at least $150 million in investments through 2040, ensuring economic resilience against global supply disruptions. This decision follows concerns that rising costs and emissions expenses threatened the closure of the country's only fully integrated cement facility, which is vital for essential infrastructure construction. The support is conditional, includes strict oversight, and aims to preserve strategic domestic capability without undermining the Emissions Trading Scheme or setting a broad precedent for taxpayer funding.
04 May 2026
5 months ago
1020 views
New Zealand and Singapore have signed the Agreement on Trade in Essential Supplies (AOTES) to ensure the uninterrupted movement of critical goods like fuel and food by preventing export restrictions between the two nations. This world-first agreement, built on cooperation during the COVID-19 pandemic, formalizes practical collaboration to enhance supply chain resilience amid global volatility. Incorporated into their existing Free Trade Agreement, AOTES reflects their commitment to reliable access to essential supplies during crises and strengthens their trusted partnership.
18 Mar 2026
7 months ago
1053 views
Trade and Investment Minister Todd McClay will attend the 14th WTO Ministerial Conference in Cameroon as Vice Chair, playing a key role in facilitating negotiations. New Zealand emphasizes the importance of a rules-based global trade system and aims to uphold the WTO’s integrity amid rising protectionism and global economic challenges. The conference, attended by 166 member economies, will address issues including e-commerce, agricultural reform, and fisheries subsidies.
18 Mar 2026
7 months ago
1147 views
Trade and Investment Minister Todd McClay is attending the 14th WTO Ministerial Conference in Cameroon as Vice Chair, playing a key role in facilitating negotiations. New Zealand emphasizes the importance of a rules-based global trade system and aims to uphold the WTO’s integrity amid rising protectionism and global economic disruptions. The conference, attended by 166 member economies, will address issues including e-commerce, agriculture reform, and fisheries subsidies.
18 Nov 2025
11 months ago
1065 views
Trade and Investment Minister Todd McClay joined the Future of Investment and Trade (FIT) Partnership to launch an initiative aimed at enhancing supply chain resilience through a Ministerial Declaration. The FIT Partnership, established in September 2025, serves as a platform for small and medium-sized economies to promote open, fair, and rules-based trade while welcoming new members Malaysia and Paraguay. This effort aims to provide greater certainty and reduced costs for exporters, boosting economic confidence amid global disruptions.