Articles tagged with Korea
Future of Investment and Trade Partnership Advances Global Trade and Reduces Barriers
2 weeks ago | 173 viewsMembers of the Future of Investment and Trade (FIT) Partnership, including New Zealand, committed to practical initiatives to enhance trade by tackling non-tariff barriers, promoting digital trade, and strengthening economic resilience. The meeting resulted in declarations addressing NTBs, digital trade facilitation, economic security, and global subsidies, aiming to support fair competition and secure supply chains. Additionally, Korea, Peru, and Thailand joined the partnership, increasing membership to 19 and highlighting the group's growing influence.
Tags: Todd McClay New Zealand FIT Partnership Korea Peru Thailand Fiji Samoa Trade Minister Ministerial DeclarationFIT Partnership Expands to 19 Members Boosting Global Trade Opportunities
2 weeks ago | 209 viewsThe Future of Investment and Trade (FIT) Partnership has expanded from 16 to 19 members with Korea, Peru, and Thailand joining, reflecting growing interest among small and medium-sized trading nations. The partnership focuses on creating simple, consistent trade rules to support exporters, strengthen trading positions, and foster economic growth amid global uncertainties. New Zealand, a founding member, hosted a significant Ministerial meeting in Auckland, emphasizing the importance of collaboration among like-minded economies to open doors in emerging markets and enhance trade opportunities.
Tags: FIT Partnership Todd McClay New Zealand Korea Peru Thailand Trade Investment Ministerial meeting Emerging marketsDefence Minister Chris Penk to Represent New Zealand at NATO Summit in Turkey
1 month ago | 382 viewsDefence Minister Chris Penk will attend the NATO Summit in Ankara, Türkiye, to engage with international partners and participate in the Defence Industry Forum, representing New Zealand alongside the Indo-Pacific Four. He aims to discuss the geostrategic environment, enhance collective security, and explore opportunities for New Zealand businesses to contribute to a more capable and interoperable Defence Force. Penk’s visit underscores New Zealand’s commitment to a rules-based international system and fostering collaboration with like-minded countries.
Tags: Chris Penk Defence Minister NATO Summit New Zealand Ankara Türkiye Australia Republic of Korea JapanForeign Minister Winston Peters to Strengthen Ties with Singapore and Japan Next Week
1 month ago | 326 viewsForeign Minister Winston Peters will visit Singapore and Japan next week to strengthen New Zealand’s strategic partnerships and regional cooperation. In Singapore, he will engage with senior leaders to enhance collaboration under the Comprehensive Strategic Partnership and discuss regional challenges, while in Japan, he will meet political and business leaders to promote trade, investment, and defense cooperation. These visits aim to deepen ties, support security, and boost economic relations with key partners in the Asia-Pacific region.
Tags: Winston Peters Balakrishnan New Zealand Singapore Japan ASEAN Pacific Islands Forum North Korea Japanese companies Foreign MinisterNZ Approves Two-Year Extension for Key NZDF International Peacekeeping Missions
1 month ago | 450 viewsThe New Zealand Government has approved two-year extensions for five international NZDF deployments, involving over 100 personnel in peacekeeping, monitoring, and security missions across the Middle East and North Asia. These deployments include contributions to the United Nations Command in Korea, the Multinational Force and Observers in Egypt, Middle East maritime security, the United Nations Truce Supervision Organisation, and North Korea sanctions monitoring. The extensions reflect New Zealand’s commitment to global security, regional stability, and ongoing collaboration with international partners.
Tags: Winston Peters Chris Penk New Zealand Defence Force United Nations Command Multinational Force and Observers United Nations Truce Supervision Organisation New Zealand Middle East North Korea EgyptNew Zealand’s Dynamic Foreign Policy: Strengthening Asia Ties Amid Global Change
2 months ago | 530 viewsThe speech outlines New Zealand's proactive foreign policy response to unprecedented global geopolitical disruptions, emphasizing a strategic reset focused on active diplomacy, multilateral reform—especially of the United Nations—and strengthening ties with Asia to safeguard national prosperity and security. It highlights significant progress in elevating relationships with key Asian countries through comprehensive partnerships and frequent high-level engagements, reflecting the government's commitment to Asia as central to New Zealand’s future. Despite resource constraints, New Zealand pursues a pragmatic, realist approach, advocating for sustained diplomatic effort and defense investment to enhance its international influence and prepare for eventual restoration of a rules-based global order.
Tags: Dame Fran Wilde Alfredo Perez Bravo Peter Fraser Asia New Zealand Foundation New Zealand ASEAN China Japan South Korea IndiaNew Zealand Boosts Ukraine Aid by $8M and Expands Sanctions on Russia
5 months ago | 751 viewsNew Zealand will provide $8 million in new assistance to Ukraine, including $5 million for humanitarian aid and $3 million for energy resilience and reconstruction, raising its total aid to $45 million over four years. The government is also implementing its 34th round of sanctions against Russia, targeting oil price caps, shadow fleet vessels, and entities from Belarus, Iran, and North Korea that support Russia’s military efforts. These measures aim to curb Russia’s war capabilities and demonstrate New Zealand’s ongoing solidarity with Ukraine amid the ongoing conflict.
Tags: New Zealand Ukraine Russia Winston Peters Belarus Iran North Korea World Bank sanctions humanitarian assistanceNew Zealand Launches $1.35M Quantum Technology Discovery to Boost Innovation
7 months ago | 874 viewsScience, Innovation and Technology Minister Dr Shane Reti has launched a $1.35 million discovery phase to explore a national quantum technologies platform aimed at boosting New Zealand’s economy through job creation and international partnerships. The New Zealand Institute for Advanced Technology will assess domestic quantum capabilities and commercial opportunities from December 2025 to June 2026, collaborating with researchers and businesses to accelerate innovation in computing, secure communications, and sensing. If successful, this initiative will lead to the development of a quantum technology research platform, complementing the institute’s existing investments in materials, magnet technologies, and artificial intelligence.
Tags: Shane Reti New Zealand quantum technologies quantum computing New Zealand Institute for Advanced Technology Korea Paihau–Robinson Research Institute Artificial Intelligence innovation technology researchGovernment Boosts Kiwi Exports by Cutting Trade Barriers and Expanding Market Access
8 months ago | 786 viewsThe New Zealand Government is actively reducing non-tariff trade barriers to support approximately $600 million in exports, boost business growth, and create jobs, with recent successes including expanded market access to China, Korea, and Mexico. Key initiatives such as trade agreements with the UAE, Gulf Cooperation Council, and ongoing negotiations with India have contributed to exports surpassing $100 billion for the first time, driven by strong growth in food and fibre sectors. Ministers Nicola Willis and Todd McClay emphasize that improving market access and trade certainty is essential for sustaining economic momentum, supporting jobs, and doubling export value within the next decade.
Tags: Nicola Willis Todd McClay New Zealand Kiwi exporters trade barriers exports China Mexico Korea NZ–UAE Comprehensive Economic Partnership AgreementRotoruaNZ Receives $4.5M Boost for International Campaigns
8 months ago | 879 viewsRotoruaNZ will receive over $4.5 million for two campaigns promoting the region's geothermal wonders, Māori culture, and hospitality to international visitors. The "North Island x Ctrip" campaign targets travelers from China, Hong Kong, Japan, and South Korea, while the "Kiwi North" campaign focuses on attracting visitors from Australia's eastern seaboard. These initiatives aim to showcase the diverse experiences across the North Island, support local businesses, and enhance the region's reputation as a must-visit destination, funded by the Regional Tourism Boost as part of the Government's Major Events and Tourism Package.
Tags: RotoruaNZ Louise Upston Tourism Hospitality Minister North Island Ctrip China Japan South Korea AustraliaPrime Minister Christopher Luxon Wraps Up Official Visit to Malaysia & Korea, Strengthens Trade Partnerships
9 months ago | 843 viewsPrime Minister Christopher Luxon completed his official visits to Malaysia and the Republic of Korea, focusing on advancing New Zealand's trade and economic interests. During his trip, he attended the APEC Leaders’ Meeting in Gyeongju, held bilateral discussions with key partners like the United States and Indonesia, and emphasized the importance of New Zealand's participation in regional forums for economic growth. The visits resulted in the launch of strategic partnerships with Korea and ASEAN, aiming to boost New Zealand's trade opportunities and profile in these regions.
Tags: Prime Minister Christopher Luxon Malaysia Republic of Korea APEC Leaders’ Meeting United States Indonesia New Zealand East Asia SummitPrime Minister Luxon Strengthens Economic Ties in Malaysia and Korea
9 months ago | 871 viewsPrime Minister Christopher Luxon completed his official visits to Malaysia and the Republic of Korea, focusing on advancing New Zealand’s trade and economic interests. During the APEC Leaders’ Meeting in Gyeongju, the regional economic situation was a key discussion point, highlighting the importance of engaging with APEC's 21 economies. Luxon emphasized the significance of participating in international forums like APEC and the East Asia Summit to advocate for New Zealand’s interests, culminating in the launch of strategic partnerships with Korea and ASEAN to enhance trade opportunities for New Zealand.
Tags: Prime Minister Christopher Luxon Malaysia Republic of Korea APEC Leaders’ Meeting United States Indonesia New Zealand East Asia SummitNew Zealand, Singapore, and Chile Launch Green Economy Partnership Agreement in Korea
9 months ago | 821 viewsPrime Minister Christopher Luxon and Minister for Trade and Investment Todd McClay, along with their Singaporean and Chilean counterparts, launched negotiations for the Green Economy Partnership Agreement (GEPA) in the Republic of Korea. The agreement aims to boost trade and investment opportunities in the global green economy, estimated to reach US$11 trillion by 2040, by focusing on areas such as sustainable finance, green goods and services, and low emissions fuel alternatives. The negotiations, set to continue until 2026, follow the signing of a Comprehensive Strategic Partnership with Singapore and underline New Zealand's commitment to meeting climate targets and fostering a greener economy through international collaboration.
Tags: Christopher Luxon Todd McClay New Zealand Singapore Chile Green Economy Partnership Agreement GEPA Republic of Korea trade agreements climate targetsNew Zealand Imposes Sanctions on Russian Oil Trade
9 months ago | 971 viewsForeign Minister Winston Peters announced new sanctions targeting Russia's oil trade during a meeting with Nordic 5 Foreign Ministers in Stockholm. New Zealand has sanctioned 65 shadow fleet vessels involved in shipping Russian oil, as well as actors from Belarus, Iran, and North Korea involved in the oil supply chain. These actions support international efforts to bring Russia to the negotiating table and mark New Zealand's 33rd round of Russia sanctions since the Russia Sanctions Act came into force in March 2022.
Tags: Winston Peters Russia sanctions New Zealand Ukraine Belarus Iran North Korea Vladimir Putin Ministry of Foreign AffairsEnergy Minister Simon Watts Joins APEC Leaders in Busan for Energy Security Discussions
11 months ago | 1115 viewsEnergy Minister Simon Watts will attend the 15th APEC Energy Ministers Meeting in Busan, Republic of Korea, focusing on energy security and affordability. He aims to collaborate internationally to build resilient and sustainable energy systems in the Asia-Pacific region and discuss harnessing energy innovation. Key topics at the meeting include electricity expansion, grid security, reliability, and AI-driven energy innovation, with a focus on connecting with counterparts to advance shared energy goals.
Tags: Simon Watts Energy Minister Busan Republic of Korea APEC Energy security International collaboration Sustainable energy systems Energy innovation New Zealand