Articles tagged with G20

New Zealand-India Free Trade Agreement Passes First Reading Boosting Exports

1 week ago | 170 views

Legislation for the New Zealand–India Free Trade Agreement (FTA) has passed its first reading, aiming to reduce or eliminate tariffs on 95% of New Zealand exports to India, unlocking significant market opportunities. India’s rapidly growing economy presents major potential for New Zealand businesses, with 57% of exports becoming tariff-free immediately and protections secured for key sectors like wine and services. The Bill will undergo public consultation before expected ratification later this year, supporting the government’s goal to double export value by 2034.

Tags: New Zealand India Free Trade Agreement Todd McClay Trade and Investment Minister G20 exports tariffs Foreign Affairs Defence and Trade Committee

New Zealand's Minister Chris Penk to Represent Small Business at G20 Trade Meeting in South Africa

9 months ago | 767 views

Small Business and Manufacturing Minister Chris Penk is representing New Zealand at the G20 Trade and Investment Ministerial Meeting in South Africa, aiming to advance the country's interests with major global economies. New Zealand, as a guest country alongside G20 members, will discuss trade and investment matters, including upholding the international rules-based trading system. During the meeting, Mr Penk will focus on advocating for New Zealand's priorities within the World Trade Organisation while also strengthening the relationship between New Zealand and South Africa.

Tags: Chris Penk Small Business Manufacturing Minister New Zealand G20 Trade Investment South Africa WTO International Trade