31 Oct 2025
11 months ago
1172 views
Prime Minister Christopher Luxon and Minister for Trade and Investment Todd McClay, along with their Singaporean and Chilean counterparts, launched negotiations for the Green Economy Partnership Agreement (GEPA) in the Republic of Korea. The agreement aims to boost trade and investment opportunities in the global green economy, estimated to reach US$11 trillion by 2040, by focusing on areas such as sustainable finance, green goods and services, and low emissions fuel alternatives. The negotiations, set to continue until 2026, follow the signing of a Comprehensive Strategic Partnership with Singapore and underline New Zealand's commitment to meeting climate targets and fostering a greener economy through international collaboration.
26 Oct 2025
12 months ago
1149 views
European Union Trade Commissioner Maroš Šefčovič and New Zealand's Trade and Investment Minister Todd McClay adopted a joint declaration to enhance bilateral trade and reduce costs during the NZ-EU Trade Committee meeting in Queenstown. They emphasized the importance of deepening the trade relationship, addressing non-tariff barriers, and showcasing Kiwi exporters at the NZ-EU Business Summit. The discussions also touched on the EU's Deforestation Regulation, with plans to collaborate on reducing costs and ensuring fair access for exporters under the trade agreement.
23 Oct 2025
1 year ago
1313 views
European Union Trade Commissioner Maroš Šefčovič will visit New Zealand for the European Union-New Zealand Business Summit and first NZ-EU Trade Committee meeting, marking the first visit by an EU Trade Commissioner since 2018. The summit in Auckland will involve over 400 businesses and representatives from various sectors, aiming to boost trade and investment opportunities. The meeting will focus on maximizing the benefits of the Free Trade Agreement to enhance trade, investment, and partnership between New Zealand and the European Union.
23 Oct 2025
1 year ago
1219 views
Agriculture and Forestry Minister Todd McClay advises farmers, growers, and foresters to prioritize safety and heed weather warnings, especially in the Canterbury region under a red level strong wind warning. The warning indicates potential dangers such as flying debris, fallen trees, and powerline hazards, urging caution and avoiding unnecessary risks. The Ministry for Primary Industries (MPI) is actively monitoring the situation and collaborating with civil defence teams, while affected individuals are advised to stay indoors, prepare for power cuts, and seek support from the Rural Support Trust if needed.
22 Oct 2025
1 year ago
1215 views
The Government of New Zealand has shown strong support for the bioenergy sector by releasing the Wood Energy Strategy and Action Plan, as well as a Government Statement on Biogas. These initiatives aim to diversify the country's energy mix, reduce reliance on imported fuels, and cut down on emissions by promoting wood energy and biogas as sustainable alternatives. The plans include clear objectives, co-funding opportunities, and regulatory support to accelerate the growth of the bioenergy industry, create new jobs, enhance energy security, and contribute to achieving climate goals.
20 Oct 2025
1 year ago
1144 views
The Government has invested $8 million in lower methane dairy genetics research, with Agriculture Minister Todd McClay highlighting the opening of a new state-of-the-art methane research facility in Waikato. Livestock Improvement Corporation's new 'Methane Barn' will facilitate large-scale monitoring of methane produced by dairy cows, allowing farmers to select lower-emitting genetics without compromising productivity. The Government and industry aim to develop up to 11 methane-cutting tools by 2030, emphasizing the commitment to reducing emissions without jeopardizing farm operations or jobs.
17 Oct 2025
1 year ago
1041 views
The Government has invested $8 million in lower methane dairy genetics research at a new state-of-the-art methane research facility in the Waikato, according to Agriculture Minister Todd McClay. Livestock Improvement Corporation's 'Methane Barn' will allow for monitoring and measuring methane from dairy cows to help farmers select lower-emitting genetics without affecting productivity. The Government and industry aim to develop methane-cutting tools with investments totaling over $400 million, ensuring farmers can reduce on-farm emissions without compromising production or jobs.
17 Oct 2025
1 year ago
1233 views
Experienced agribusiness leaders Simon Limmer and Murray Dyer have been appointed to the AgriZeroNZ board by Agriculture Minister Todd McClay for three-year terms. They will join the existing board chaired by Rob Hewett to drive the adoption of new tools for reducing on-farm emissions. AgriZeroNZ, a public-private joint venture, has already invested in 14 ventures and research projects, with plans to make up to 11 mitigation tools available by 2030 to help Kiwi farmers reduce emissions while maintaining productivity and meeting climate obligations.
10 Oct 2025
1 year ago
1346 views
New Zealand and Singapore have strengthened their trade relationship through the launch of a Strategic Food Partnership and the Agreement on Trade in Essential Supplies, announced by Minister Todd McClay. The Strategic Food Partnership aims to enhance agrifood trade, facilitate the movement of high-quality food, and promote investment and innovation in the primary and food production sectors. The Agreement on Trade in Essential Supplies ensures the continuous flow of goods like food and fuel during crises, with a crisis-response arrangement to prevent export curbs and support supply chain resilience.
04 Oct 2025
1 year ago
1238 views
New Zealand and Australia have agreed to expedite efforts to enhance the Single Economic Market, emphasizing open markets and collaboration to boost economic resilience. Key outcomes of the annual CER Trade Ministers’ Meeting include advancing regulatory alignment, deepening economic integration, and coordinating trade engagement on a regional and global scale. The Ministers aim to facilitate trade and investment for businesses across the region, aligning government actions with commercial priorities and welcoming input from the Australia New Zealand Leadership Forum.
03 Oct 2025
1 year ago
1322 views
Trade and Investment Minister Todd McClay will meet Australian Trade Minister Senator Don Farrell in Adelaide for the CER Trade Ministers’ Meeting to enhance the Single Economic Market and strengthen the economic partnership between New Zealand and Australia. The meeting aims to boost trade, investment, and business growth across the Tasman amidst global trade uncertainties. Discussions will focus on elevating the partnership, addressing trade barriers, enhancing regulatory coherence, and coordinating on international trade initiatives to benefit businesses on both sides of the Tasman and align government actions with business needs.
23 Sep 2025
1 year ago
1254 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
1282 views
The Government passed the Climate Change Response (Emissions Trading Scheme Forestry Conversions) Amendment Bill to prevent wholesale conversion of farmland to pine forests, aiming to balance food production and Emissions Trading Scheme (ETS) confidence. Key changes include limits on exotic forestry registrations for productive farmland, flexibility for farmers to convert up to 25% of land to forestry, and provisions for Māori-owned land. The Bill aims to support rural economies, create jobs, and ensure ETS credibility, with a review planned for 2028 to assess effectiveness.
18 Sep 2025
1 year ago
1298 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.
16 Sep 2025
1 year ago
1202 views
New Zealand, Singapore, the United Arab Emirates, and Switzerland have formed the Future of Investment and Trade (FIT) Partnership to enhance trade and investment opportunities and support economic growth. The partnership includes several other countries like Brunei, Costa Rica, and Iceland, among others. Discussions on establishing the FIT Partnership began a year ago, with a focus on practical initiatives to open markets, attract investment, and remove barriers to benefit businesses and strengthen supply chains.