16 Sep 2025
1 year ago
1377 views
Minister 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.
16 Sep 2025
1 year ago
1289 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
1342 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.
13 Sep 2025
1 year ago
1376 views
Minister 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.
28 Aug 2025
1 year ago
1484 views
The New Zealand–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA) has come into effect, offering significant tariff savings and market access for Kiwi exporters. Key goods like dairy, red meat, and fruit will now enter the UAE duty-free, with the agreement aiming to enhance trade and investment opportunities between the two countries. The CEPA also paves the way for increased bilateral trade, job creation, and economic growth, aligning with New Zealand's export expansion goals.
22 Aug 2025
1 year ago
1523 views
Minister Todd McClay met with US Trade Representative Jamieson Greer and Secretary of Agriculture Brooke Rollins in Washington to address New Zealand's concerns about US tariffs disadvantaging Kiwi exporters compared to other countries. Ambassador Greer acknowledged New Zealand's low tariffs on US goods and explained the recent 5 per cent tariff increase in relation to trade surplus, setting a new minimum tariff rate of 15 per cent for surplus countries. Discussions also included product-specific trade investigations and plans for trade officials to meet to assess tariff impacts and enhance exporter certainty, with future meetings scheduled during ASEAN Trade Ministers' Meeting and APEC Leaders' Summit to strengthen trade relations and combat harmful trade practices affecting dairy industries in both countries.
20 Aug 2025
1 year ago
1645 views
The Resource Management (Consenting and Other System Changes) Amendment Act, passed into law, has improved the freshwater farm plan system to make it more workable and affordable for farmers, reducing duplication and costs by allowing industry organisations to certify and audit plans. This change recognizes good work done by farmers and industry groups in managing risks, focusing on actual on-farm risks and practical actions to reduce them. The Act increases the minimum farm size requiring a freshwater farm plan to 50 hectares for certain land uses, removing the requirement for around 8,000 smaller, lower-risk farms, supporting environmental stewardship and growth in the primary sector.
16 Aug 2025
1 year ago
1399 views
Agriculture, Trade and Investment Minister Todd McClay will travel to Saudi Arabia and the United States to discuss bilateral trade and investment opportunities, particularly in food and agritech cooperation. In Saudi Arabia, he will meet with Minister of Commerce and Minister of Environment, Water and Agriculture to advance these opportunities and leverage the New Zealand-Gulf Cooperation Council Free Trade Agreement. In the US, Mr McClay will meet with USTR Jamieson Greer and industry representatives to discuss the impact of recent tariffs and broader bilateral trade, investment, and agricultural priorities.
12 Aug 2025
1 year ago
1513 views
The Government has intervened to prevent potential stop work notices for thousands of New Zealand farmers due to water discharge rules under the RMA, affecting 2,800 Waikato farms. Various regional councils raised concerns, leading to amendments broadening permitted water discharges in the Resource Management Amendment Bill. The changes aim to support farmers, ensure water quality improvement, and avoid hindering economic recovery, with the bill set to pass into law soon.
07 Aug 2025
1 year ago
1676 views
New Zealand's Minister of Agriculture, Trade and Investment Todd McClay and Indonesia's Minister of Agriculture Andi Amran Sulaiman signed a new bilateral arrangement in Jakarta to enhance agricultural cooperation and trade opportunities. The agreement focuses on livestock development, smart agriculture, biosecurity, agricultural research, and streamlined trade processes. Both countries will establish a Consultative Forum to coordinate future cooperation and align efforts on technical standards, certification, and regulatory requirements, aiming to boost exports and investment in agriculture.
03 Aug 2025
1 year ago
2358 views
Trade and Investment Minister Todd McClay is traveling to Thailand and Indonesia to enhance New Zealand's economic relationships with these key Southeast Asian economies. The focus is on leveraging the region's economic growth potential, with discussions centered around doubling exports and strengthening trade ties. The Minister will engage with senior officials, promote high-value exports, and seek to expand cooperation in areas such as food security and trade agreements during his visit from 4 to 8 August.
01 Aug 2025
1 year ago
2122 views
The United States will increase tariffs on New Zealand exports from 10% to 15% starting August 7, aligning New Zealand with other US trading partners like Japan and South Korea based on trade deficits. Despite New Zealand's modest surplus of around US$500 million with the US, the overall trade relationship is balanced and complementary. Trade and Investment Minister Todd McClay is urgently seeking to discuss the tariff increase with the US Trade Representative to mitigate its impact on exporters and consumers and maintain the strength of the trading relationship.
29 Jul 2025
1 year ago
1850 views
Agriculture Minister Todd McClay is urging farmers, foresters, and growers in the Top of the South, Bay of Plenty, and parts of Northland to prepare for adverse weather conditions, with orange rain warnings issued for these regions due to significant rainfall expected. MPI staff are on standby to assist, with additional support deployed in affected areas, such as the Top of the South and the Bay of Plenty. Farmers are advised to relocate stock to higher ground in preparation for the storm, and are encouraged to stay updated on weather warnings for further guidance.
28 Jul 2025
1 year ago
3198 views
Farmer confidence in New Zealand has reached an eight-year high, indicating the resilience of the sector and progress towards doubling export value. The shift in sentiment is evident from the latest Federated Farmers Confidence Survey, showing a significant increase in confidence levels. This positive trend is attributed to the hard work of rural New Zealanders and government support, with key improvements in profitability, productivity, and mental health reported.
22 Jul 2025
1 year ago
2145 views
The NZ-UAE Comprehensive Economic Partnership Agreement (CEPA) legislation has passed, giving Kiwi exporters access to a $500 billion market that imports 90% of its food, with tariffs on 98.5% of exports immediately removed, rising to 99% in three years. Agriculture, Trade, and Investment Minister Todd McClay highlights the benefits of the agreement in lowering costs, increasing access, and enhancing New Zealand's presence in the Middle East, aiming to capitalize on UAE consumers' demand for safe, fresh products. The CEPA aims to boost two-way trade between New Zealand and the UAE, worth $1.35 billion last year, by reducing red tape, promoting services trade, and supporting investment links, aligning with the government's goal of doubling export value in a decade.