Articles tagged with Trade
NZ-UAE Comprehensive Economic Partnership Agreement Boosts Export Opportunities in $500B Market
1 week ago | 129 viewsThe 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.
Tags: New Zealand UAE Comprehensive Economic Partnership Agreement CEPA Todd McClay Agriculture Trade Investment Minister exporters tariffsNew Zealand Resolves Dairy Dispute with Canada Under CPTPP, Securing $157m Export Value Annually
1 week ago | 283 viewsTrade and Investment Minister Todd McClay announced a resolution to a dairy dispute between Canada and New Zealand under the CPTPP, projecting a $157m annual export value increase for New Zealand dairy exporters. New Zealand initiated dispute settlement proceedings due to limited dairy market access in Canada, leading to a favorable ruling and subsequent agreement for improved access through quota adjustments and penalties for misuse. McClay emphasized the importance of upholding CPTPP obligations, praised Canada for constructive engagement, and highlighted the agreement's reinforcement of the rules-based trading system.
Tags: Todd McClay Canada New Zealand dairy dispute CPTPP trade investment exporters agreement quotasMinister Nicola Grigg Leads NZ Delegation to Pacific Trade Ministers Meeting in Fiji
2 weeks ago | 124 viewsMinister of State for Trade and Investment Nicola Grigg will attend the Pacific Island Forum’s Trade Ministers Meeting in Fiji to discuss the importance of trade for economic growth and prosperity in New Zealand and the Pacific region. The meeting aims to shape the future of trade and economic integration among Pacific Island countries. Ms. Grigg highlights New Zealand's commitment to regional cooperation, resilience, and leadership in advancing Pacific trade priorities, including initiatives such as the Fiji New Zealand Business Council's strategy to increase two-way trade to NZ$2 billion by 2030 and the PACER Plus trade agreement benefiting businesses and promoting investment flows in the region.
Tags: Nicola Grigg Trade Investment Pacific Island Forum FTMM New Zealand Suva PIF World Trade Organisation PACER PlusBoosting Trade: New Zealand and Malaysia Strengthen Halal Meat Partnership
2 weeks ago | 290 viewsNew Zealand and Malaysia aim to enhance trade in high-quality halal meat products, with Malaysia being a key market for New Zealand's premium halal meat exports. Malaysia is facilitating approvals for New Zealand halal meat premises to gain access to its market, potentially leading to significant growth in exports and benefiting Kiwi farmers and exporters. Both countries are collaborating to streamline export requirements for New Zealand halal meat, emphasizing the importance of compliance with halal standards and strengthening their relationship in halal processing and assurance systems.
Tags: New Zealand Malaysia Andrew Hoggard Dato’ Seri Dr. Ahmad Zahid bin Haji Hamidi Halal meat Trade Export Collaboration Market ComplianceInnovative Investment Boosts New Zealand's King Salmon Feed Development for Export Growth
3 weeks ago | 347 viewsThe Government is backing innovation to grow New Zealand’s high-value aquaculture exports, with a $455,000 investment from the new Primary Sector Growth Fund to support the development of specialised feed for King salmon, Agriculture, Trade and Investment Minister Todd McClay announced today. The $1. 2 million project—led by global aquafeed company Skretting—will design feed tailored specifically for New Zealand’s King salmon, supporting the growth of open ocean farming and helping reduce costs for local producers.
Tags: Government innovation aquaculture exports investment Primary Sector Growth Fund Todd McClay agriculture trade King salmonPrime Minister Luxon Strengthening New Zealand-EU Ties in High-Level Talks: Trade, Research, and Remembrance
1 month ago | 347 viewsPrime Minister Christopher Luxon has held high-level talks with European Union leaders in Brussels, to underline the close ties between New Zealand and the EU. “The European Union is one of New Zealand’s most trusted partners,” Mr Luxon says. “This is something that was emphasised in my meetings with both EU Commission President Ursula von der Leyen and EU Council President António Costa.
Tags: António costa Belgium Brussels Christopher luxon Dick schoof Eu commission Eu council European union Flanders fields Horizon europe Nato summit Netherlands New zealand New zealand free trade agreement The hague Ursula von der leye Von der leye Western front World war iNew Zealand announces further aid for Ukraine
1 month ago | 388 viewsPrime Minister Christopher Luxon and Foreign Minister Winston Peters have announced a new $16 million package of support for Ukraine ahead of this week’s NATO Summit in the Hague. “New Zealand stands in solidarity with Ukraine. Its war of self-defence is well into its fourth year and our condemnation of Russia’s illegal full-scale invasion remains undiminished,” Mr Luxon says.
Tags: Christopher luxon Drone coalition for ukraine Euro - atlantic Indo - pacific Ministry of foreign affairs and trade Nato security assistance and training for ukraine Nato summit New zealand Ukraine Ukrainian United kingdom Winston petersNew halal agreement unlocks opportunity in Indonesia
1 month ago | 269 viewsThe Government has signed a new halal cooperation arrangement in Jakarta over the weekend to strengthen trade access to Indonesia and create new opportunities for New Zealand’s red meat and dairy exporters, Agriculture and Trade Minister, Todd McClay announced today. “Indonesia is an important growth market for dairy and meat products – worth over $1. 1 billion in exports last year.
Tags: And trade Halal cooperation arrangement Indonesia Jakarta New zealand Todd mcclay