Articles tagged with Export Restrictions
New Zealand and Singapore Sign Landmark Agreement to Secure Essential Goods Trade
1 month ago | 318 viewsNew Zealand and Singapore have signed the Agreement on Trade in Essential Supplies (AOTES) to ensure the uninterrupted movement of critical goods like fuel and food by preventing export restrictions between the two nations. This world-first agreement, built on cooperation during the COVID-19 pandemic, formalizes practical collaboration to enhance supply chain resilience amid global volatility. Incorporated into their existing Free Trade Agreement, AOTES reflects their commitment to reliable access to essential supplies during crises and strengthens their trusted partnership.
Tags: Christopher Luxon Lawrence Wong Todd McClay New Zealand Singapore AOTES supply chain resilience trade agreement essential goods export restrictionsNZ Leads FIT Partnership to Strengthen Global Supply Chain Resilience Amid Middle East Conflict
3 months ago | 531 viewsTrade and Investment Minister Todd McClay highlighted the impact of the Middle East conflict on global supply chains during the Future of Investment and Trade (FIT) Partnership meeting, emphasizing the risks of disruptions such as fuel supply challenges. He stressed the importance of keeping trade lines open and urged FIT members to collaborate on maintaining resilient supply chains through real-time information sharing and coordinated responses. The FIT Partnership, comprising 16 small and medium trade-dependent countries, aims to strengthen global trade cooperation and will hold its next ministerial meeting in Auckland in July 2026.
Tags: Todd McClay Future of Investment and Trade FIT Partnership New Zealand Middle East conflict supply chains trade disruption export restrictions global trade