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
1276 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
1292 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
1196 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.
16 Sep 2025
1 year ago
1371 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
1286 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
1373 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
1481 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
1520 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
1642 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
1661 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
2349 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.