Articles tagged with Exports
US Removes Additional Tariffs on Key New Zealand Agricultural Exports
5 days ago | 53 viewsNew Zealand Minister Todd McClay cautiously welcomed the US decision to remove additional reciprocal tariffs on key agricultural exports like beef and kiwifruit, which account for about 25% of New Zealand's exports to the US, worth NZ$2.21 billion annually. The rollback, estimated to save exporters around $330 million, restores pre-April tariff conditions but is only partial, as tariffs remain on other products, maintaining uncertainty and costs for exporters. McClay emphasized the balanced trade relationship and continues to urge the US to remove tariffs on all New Zealand exports.
Tags: Todd McClay Jamieson Greer United States New Zealand Trade Tariffs Agriculture Beef Kiwifruit ExportsTrade Minister Todd McClay Strengthens ASEAN Ties for NZ's Economic Growth
2 months ago | 243 viewsTrade 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.
Tags: Todd McClay Trade Investment Minister ASEAN New Zealand AANZFTA Kuala Lumpur exports partnerships MalaysiaStrengthening Economic Ties with Thailand and Indonesia: Minister Todd McClay's Mission
3 months ago | 822 viewsTrade 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.
Tags: Todd McClay Trade Investment Minister Thailand Indonesia New Zealand Southeast Asia economy exports food demandInnovative Investment Boosts New Zealand's King Salmon Feed Development for Export Growth
4 months ago | 1274 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 salmon