Articles tagged with Investment Minister
New Zealand-India Free Trade Agreement: Boosting Exports with Duty-Free Access
3 days ago | 74 viewsNew Zealand and India have finalized a Free Trade Agreement that eliminates or reduces tariffs on 95% of New Zealand exports, providing unprecedented access to 1.4 billion Indian consumers and opening opportunities across sectors including agriculture, seafood, and services. The agreement includes duty-free access for key products like sheep meat, kiwifruit, apples, and mānuka honey, alongside provisions for skilled work visas and protections for product names through Geographical Indications. This historic deal aims to boost New Zealand’s exports, create jobs, and strengthen economic ties, with the agreement expected to be signed in the first half of next year.
Tags: New Zealand India Todd McClay Free Trade Agreement kiwifruit mānuka honey Trade and Investment Minister Treaty of Waitangi Working Holiday Scheme Green ListNew Zealand-India Free Trade Agreement Unlocks Major Export Opportunities
3 days ago | 90 viewsNew Zealand and India have finalized a Free Trade Agreement that eliminates or reduces tariffs on 95% of New Zealand’s exports, providing unprecedented access to India’s 1.4 billion consumers and significantly boosting trade opportunities across multiple sectors. The agreement includes duty-free access for key products like sheep meat, seafood, kiwifruit, apples, and mānuka honey, along with enhanced services trade, skilled work visas, and protections for iconic New Zealand products. This historic deal aims to create thousands of jobs, increase exports, and strengthen economic ties, with formal signing expected in the first half of next year.
Tags: New Zealand India Todd McClay Free Trade Agreement kiwifruit mānuka honey Trade and Investment Minister Treaty of Waitangi New Zealand exporters$50M Social Investment Fund Supports 1,600+ Children of Incarcerated Parents
1 month ago | 135 viewsThe Social Investment Fund has allocated $50 million in its first round to seven projects supporting over 1,600 children affected by parental incarceration, care system experience, or early school suspension. These initiatives, selected for their measurable impact, aim to improve health, safety, housing stability, skills, income, and family support, with ongoing monitoring of outcomes. The government has committed $190 million for the fund in Budget 2025, with another funding round planned for early next year.
Tags: Nicola Willis Te Hou Ora Whānau Services Tākiri Mai te Ata Trust Te Puawaitanga ki Ōtautahi Ngāti Awa Social and Health Services Barnardos New Zealand Horowhenua New Zealand Trust Kaikaranga Holding Social Investment Fund Social Investment MinisterNZ-UAE Bilateral Investment Treaty Boosts Economic Cooperation and Trade
1 month ago | 155 viewsThe NZ-UAE Bilateral Investment Treaty has come into force, enhancing economic cooperation by providing clear investment rules and complementing the existing Comprehensive Economic Partnership Agreement. Both countries view these agreements as crucial for increasing two-way investment, strengthening private sector engagement, and supporting New Zealand's economic growth. Additionally, the establishment of the New Zealand-UAE Business Council aims to further boost trade, investment, and collaboration between the two nations.
Tags: Todd McClay Thani bin Ahmed Al Zeyoudi New Zealand United Arab Emirates Bilateral Investment Treaty Comprehensive Economic Partnership Agreement Trade and Investment MinisterTrade Minister Todd McClay Strengthens ASEAN Ties for NZ's Economic Growth
3 months ago | 318 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 MalaysiaNew Zealand–UAE Trade Agreement Brings Major Benefits and Opportunities
4 months ago | 494 viewsThe New Zealand–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA) has come into effect, offering significant tariff savings and market access for Kiwi exporters. Key goods like dairy, red meat, and fruit will now enter the UAE duty-free, with the agreement aiming to enhance trade and investment opportunities between the two countries. The CEPA also paves the way for increased bilateral trade, job creation, and economic growth, aligning with New Zealand's export expansion goals.
Tags: New Zealand United Arab Emirates Comprehensive Economic Partnership Agreement Todd McClay Agriculture Trade Investment Minister CEPA Kiwi exporters tariff savingsMinister McClay Addresses US Tariffs: Impact on Kiwi Exporters & Strategies for Strengthening Trade
4 months ago | 491 viewsMinister Todd McClay met with US Trade Representative Jamieson Greer and Secretary of Agriculture Brooke Rollins in Washington to address New Zealand's concerns about US tariffs disadvantaging Kiwi exporters compared to other countries. Ambassador Greer acknowledged New Zealand's low tariffs on US goods and explained the recent 5 per cent tariff increase in relation to trade surplus, setting a new minimum tariff rate of 15 per cent for surplus countries. Discussions also included product-specific trade investigations and plans for trade officials to meet to assess tariff impacts and enhance exporter certainty, with future meetings scheduled during ASEAN Trade Ministers' Meeting and APEC Leaders' Summit to strengthen trade relations and combat harmful trade practices affecting dairy industries in both countries.
Tags: Agriculture Trade Investment Minister Todd McClay US Trade Representative Jamieson Greer Secretary of Agriculture Brooke Rollins New Zealand tariffs Kiwi exporters steel aluminiumStrengthening Economic Ties with Thailand and Indonesia: Minister Todd McClay's Mission
4 months ago | 972 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 demandNZ-UAE Comprehensive Economic Partnership Agreement Boosts Export Opportunities in $500B Market
5 months ago | 897 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 tariffs