02 Dec 2025
10 months ago
1060 views
Trade and Investment Minister Todd McClay announced the inaugural board appointments for Invest New Zealand, a new agency established in July 2025 to attract high-quality foreign investment that drives innovation, economic growth, and job creation. The board, chaired by Rob Morrison with Carmel Fisher as deputy chair, brings extensive domestic and international expertise to support the agency's mission of engaging multinational corporations and investors, including those applying for the Active Investor Plus Visa. McClay expressed confidence that the new board will provide strong leadership to grow capital, production, jobs, and the overall economy.
02 Dec 2025
10 months ago
1186 views
Trade and Investment Minister Todd McClay announced the launch of Invest New Zealand, an agency focused on attracting significant foreign investment to boost the economy by targeting projects from $20 million to $1 billion and advising on supportive policies. InvestNZ will prioritize six strategic growth areas, including renewable energy, technology, and advanced manufacturing, while acting as a bridge between local investors and high-value opportunities. Additionally, three investment prospectuses for Tourism, Wood Processing, and Innovative Food Production were introduced to showcase New Zealand's competitive sectors and attract global investors.
27 Nov 2025
11 months ago
1164 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.
21 Nov 2025
11 months ago
1140 views
Trade and Investment Minister Todd McClay welcomed progress on Costa Rica’s accession to the CPTPP, with ministers planning to announce substantial conclusions before year-end, making Costa Rica the second economy to join after the UK. Accession processes will also begin with Uruguay this year and with Indonesia, the Philippines, and the UAE in 2026, while discussions continue with other aspirant countries to meet the Auckland Principles. Additionally, inaugural Trade and Investment Dialogues with the EU and ASEAN were held to strengthen cooperation on digital trade, supply chain resilience, and support for WTO reform, emphasizing the importance of upholding international trade rules.
18 Nov 2025
11 months ago
1074 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.
18 Nov 2025
11 months ago
1104 views
The 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 key to increasing two-way investment and strengthening private sector engagement, supported by the newly established NZ-UAE Business Council. The UAE serves as a major market for New Zealand and a strategic gateway to a rapidly growing and diversifying regional economy.
18 Nov 2025
11 months ago
1115 views
The 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.
17 Nov 2025
11 months ago
1083 views
New 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.
16 Nov 2025
11 months ago
1373 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
1147 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.
08 Nov 2025
11 months ago
1304 views
The Government has allocated additional funding to aid farmers and growers in Southland, Clutha, and Hurunui districts in recovering from storm damage. Severe weather caused extensive destruction to powerlines, farm buildings, infrastructure, and affected dairy farms with prolonged power outages. The Rural Support Trusts in North Canterbury, Otago, and Southland are receiving up to $70,000 to assist in coordinating recovery efforts and supporting those in need, in addition to the $250,000 previously allocated for storm-affected communities.
08 Nov 2025
11 months ago
1156 views
Minister for Trade and Investment Todd McClay embarked on a trip to China, the UAE, India, Singapore, and Australia to enhance trade relations and advocate for New Zealand's interests globally. In China, he led a trade mission at the China International Import Expo and emphasized New Zealand's 'Grass-Fed' standard, highlighting the significance of the trade relationship with China as the largest trading partner. The Minister engaged in various meetings and trade negotiations in the UAE, India, Singapore, and Australia, aiming to strengthen economic ties and achieve the government's goal of doubling export value over a decade to boost job opportunities and incomes in New Zealand.
07 Nov 2025
11 months ago
1271 views
India’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.
05 Nov 2025
11 months ago
1228 views
Legislation has been enacted to restrict farm-to-forest conversions on productive farmland, fulfilling a campaign promise by Agriculture and Forestry Minister Todd McClay. The Climate Change Response (Emissions Trading Scheme - Forestry Conversion) Amendment Act, effective from October 31, 2025, aims to protect food production, rural communities, and forestry investments. Exotic forests are limited from entering the Emissions Trading Scheme on New Zealand's most productive soils, with exemptions for Māori-owned land and erosion-prone areas, while transitional exemptions are available for qualifying forestry investments made between 2021 and 2024.
04 Nov 2025
11 months ago
1165 views
Indian Minister of Commerce and Industry Piyush Goyal will visit New Zealand to strengthen trade ties, reflecting the deepening relationship between the two countries over the past two years. The visit underscores the commitment of both governments to building a strategic and enduring partnership, with a focus on expanding trade and investment opportunities. Minister Goyal's agenda includes attending a business summit, engaging with the New Zealand-Indian community, visiting businesses in Rotorua, and discussing Free Trade Agreement negotiations with Trade and Investment Minister Todd McClay.