Articles tagged with Cptpp

Costa Rica Nears CPTPP Membership as Trade Ministers Advance Accession Talks

1 month ago | 150 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.

Tags: Todd McClay Costa Rica CPTPP United Kingdom Uruguay Indonesia Philippines United Arab Emirates European Union ASEAN

Boosting Trade and Investment: NZ and Australia Strengthen Economic Partnership in CER Meeting

2 months ago | 284 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.

Tags: Todd McClay Don Farrell Single Economic Market CER Trade Agreement WTO CPTPP Prime Ministers Luxon Albanese Australia New Zealand Leadership Forum

New Zealand Resolves Dairy Dispute with Canada Under CPTPP, Securing $157m Export Value Annually

5 months ago | 961 views

Trade 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 quotas