Articles tagged with Todd
Costa Rica Joins CPTPP: New Zealand Gains Duty-Free Access and Trade Benefits
5 hours ago | 46 viewsTrade and Investment Minister Todd McClay welcomed Costa Rica’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), highlighting enhanced trade opportunities and significant tariff eliminations for New Zealand exports such as sheep meat, seafood, and dairy products. Costa Rica will become the 13th CPTPP member, with accession expected to take effect in the second half of 2027 following signing and ratification processes. The CPTPP strengthens rules-based trade and economic integration among member economies, which collectively represent over 15% of world GDP.
Tags: Todd McClay Costa Rica New Zealand CPTPP Trade Minister United Kingdom Australia Canada Japan MalaysiaNew Zealand and Singapore Sign Landmark Agreement to Secure Essential Goods Trade
2 days ago | 93 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 restrictionsKiwi Exports to EU Surge $3 Billion in Two Years Boosting NZ Economy
5 days ago | 110 viewsKiwi exports to the European Union have surged by $3 billion in two years following the New Zealand-EU Free Trade Agreement, boosting the economy and supporting jobs nationwide. Key export gains include significant increases in butter, meat, industrial goods, and tourism, with total goods exports up 35% to $6.7 billion and services exports up 11% to $2 billion in the year to December 2025. This growth exceeds expectations, strengthens regional economies, and reinforces the EU as a vital trading partner for New Zealand amid global uncertainty.
Tags: Todd McClay New Zealand European Union Free Trade Agreement Kiwi exports trade economy dairy meat tourismNew Zealand and India Sign Historic Free Trade Agreement Boosting Jobs and Exports
1 week ago | 142 viewsNew Zealand and India have signed a landmark Free Trade Agreement (FTA) that eliminates or reduces tariffs on 95% of New Zealand’s exports, boosting job creation, economic growth, and export diversification. Key benefits include immediate duty-free access to major products like sheep meat, wool, seafood, and forestry exports, as well as significant tariff cuts on kiwifruit, wine, mānuka honey, and dairy, with many tariffs phased out over a period of up to ten years. The agreement also activates a parliamentary review process and includes a Most Favoured Nation clause, ensuring New Zealand exporters gain enhanced market access comparable to that of the European Union.
Tags: Christopher Luxon Todd McClay Piyush Goyal New Zealand India Free Trade Agreement FTA trade exports Most Favoured NationNew Zealand-India Free Trade Agreement Signed to Boost Exports and Trade Growth
1 week ago | 181 viewsTrade and Investment Minister Todd McClay is traveling to New Delhi to sign the New Zealand–India Free Trade Agreement (FTA), which aims to enhance trade by eliminating or reducing tariffs on the majority of New Zealand exports, including key products like sheep meat, seafood, fruits, and industrial goods. This landmark agreement supports New Zealand's goal to double export value within 10 years by providing duty-free or reduced-tariff access to a wide range of products and services in one of the world's fastest-growing economies. Additionally, McClay will participate in Anzac Day commemorations and a joint business summit, while also promoting trade and investment activities in Singapore.
Tags: Todd McClay Piyush Goyal New Zealand India Free Trade Agreement Trade Minister Anzac Day New Delhi SingaporeNew Zealand-India FTA Signed: Major Tariff Cuts Boost Exports and Trade
2 weeks ago | 268 viewsLegal verification of the New Zealand-India Free Trade Agreement (FTA) has been completed, with signing scheduled for 27 April in New Delhi, providing New Zealand unprecedented access to India's large and growing economy. The agreement eliminates or reduces tariffs on 95% of New Zealand exports, including immediate duty-free access to key products like sheep meat, wool, seafood, and forestry, while also offering significant tariff cuts on items such as kiwifruit, wine, and mānuka honey. Following signing, the FTA will undergo parliamentary examination and public scrutiny, ensuring transparency and enabling New Zealand to benefit from Most Favoured Nation status and expanded export opportunities across various sectors.
Tags: Todd McClay Free Trade Agreement tariff elimination kiwifruit exports mānuka honey Most Favoured Nation trade agreement parliamentary treaty examination New Zealand exportsTony Balfour Appointed New Chair of New Zealand Lotteries Commission Board
3 weeks ago | 207 viewsInternal Affairs Minister Brooke van Velden announced Tony Balfour as the new Chair of the New Zealand Lotteries Commission Board, effective May 1, succeeding Mark Todd. Balfour brings extensive experience in governance, business strategy, and community engagement, ensuring strong leadership for the Commission. His appointment aims to enhance the Commission's integrity, transparency, and support for community initiatives through lottery funding.
Tags: Brooke van Velden Tony Balfour Mark Todd New Zealand Lotteries Commission Internal Affairs Minister Lotteries Commission Board governance business strategy community engagement leadershipPrepare for Tropical Cyclone Vaianu: Essential Weather Warnings for Farmers and Rural Communities
3 weeks ago | 230 viewsFarmers, growers, and rural communities in the North Island, Upper South Island, and Chatham Islands are urged to stay updated and prepare for Tropical Cyclone Vaianu, which is expected to bring heavy rain and damaging winds from Saturday to Monday. Agriculture and Rural Communities Ministers emphasize the importance of safety measures, including self-evacuation from rising waters and moving livestock to higher ground, while acknowledging the resilience of these communities amid ongoing recovery efforts. The Ministry for Primary Industries is actively monitoring the situation and coordinating with local emergency groups, and support is available through the Rural Support Trust for those in need.
Tags: Tropical Cyclone Vaianu Todd McClay Mark Patterson Farmers Growers Rural Communities MetService Ministry for Primary Industries Rural Support Trust North IslandWTO Ministerial Conference: New Zealand Advances Digital Trade and Fuel Talks
1 month ago | 224 viewsTrade and Investment Minister Todd McClay concluded his role as Vice Chair at the 14th WTO Ministerial Conference, where members agreed on the need to modernize the WTO despite failing to finalize reforms and extend the tariff ban on digital trade. Significant progress was made with 66 WTO members agreeing to implement a new Electronic Commerce Agreement, banning tariffs on digital trade flows and benefiting small businesses and exporters. McClay also engaged with international counterparts on critical fuel supply chains and continues to push for limiting fisheries and agricultural subsidies to improve exporters' returns.
Tags: Todd McClay Damien O'Connor World Trade Organization New Zealand United States India China European Union Saudi Arabia SingaporeGlobal Trade Leaders Unite to Keep Supply Chains Open and Resilient
1 month ago | 211 viewsTrade and Investment Minister Todd McClay announced a joint statement with Future of Investment and Trade (FIT) Partnership members to keep global supply chains open, transparent, and resilient amid disruptions like the Middle East conflict. The FIT partners committed to collaborating on identifying trade disruptions, exchanging information, and ensuring air and seaports remain open to facilitate uninterrupted trade. Established in 2025, the FIT Partnership unites small and medium-sized economies to shape global trade, with New Zealand hosting the next ministerial meeting in July.
Tags: Todd McClay Costa Rica Iceland Liechtenstein New Zealand Norway Panama Rwanda Singapore SwitzerlandFIT Partnership Members Unite to Keep Global Supply Chains Open and Resilient
1 month ago | 260 viewsTrade and Investment Minister Todd McClay announced a joint statement by Future of Investment and Trade (FIT) Partnership members to keep global supply chains open, transparent, and resilient amid disruptions like the Middle East conflict. The partners committed to collaborating on identifying trade disruptions, sharing information, and ensuring air and seaports remain open to facilitate unimpeded trade. New Zealand, hosting the next FIT Ministerial Meeting in July, leads this initiative to support small and medium-sized economies in shaping the future of global trade and investment.
Tags: Todd McClay Costa Rica Iceland Liechtenstein New Zealand Norway Panama Rwanda Singapore SwitzerlandGovernment Invests $4M in 18 Rural Wellbeing Initiatives Across New Zealand
1 month ago | 292 viewsThe New Zealand Government is supporting rural communities by funding 18 wellbeing initiatives through the Rural Wellbeing Fund, with $4 million allocated over four years by the Ministry for Primary Industries and Health New Zealand. The fund aims to enhance mental health and wellbeing support for farmers and rural residents, focusing on impactful grassroots programs to address service gaps. Key recipients include organizations like Whatever With Wiggy Charitable Trust and the Whanau Ora Community Clinic, receiving significant funding to help rural people thrive.
Tags: Todd McClay Matt Doocey Rural Wellbeing Fund New Zealand Government Ministry for Primary Industries Health New Zealand Farmstrong Charitable Trust NZ Federation of Young Farmers Seafood Sector Support Network Whanau Ora Community ClinicNew Zealand and Ireland Strengthen Partnership on Agricultural Climate Research
1 month ago | 360 viewsNew Zealand and Ireland have signed a joint ministerial statement to advance agricultural climate research, building on a successful $34.5 million Joint Research Initiative launched in 2022. Both countries aim to develop tools that help farmers reduce greenhouse gas emissions without lowering production, focusing on pasture-based farming. Additionally, they launched the 2026-2030 Strategic Plan for the Global Research Alliance on Agricultural Greenhouse Gases to enhance scientific research, collaboration, and resource mobilization worldwide.
Tags: Todd McClay Noel Grealish New Zealand Ireland Agricultural Climate Research Joint Research Initiative Greenhouse Gas Emissions Ministry for Primary Industries Department of Agriculture Food and the Marine Global Research AllianceNZ Trade Minister Todd McClay to Vice Chair WTO Conference in Cameroon
1 month ago | 279 viewsTrade and Investment Minister Todd McClay will attend the 14th WTO Ministerial Conference in Cameroon as Vice Chair, playing a key role in facilitating negotiations. New Zealand emphasizes the importance of a rules-based global trade system and aims to uphold the WTO’s integrity amid rising protectionism and global economic challenges. The conference, attended by 166 member economies, will address issues including e-commerce, agricultural reform, and fisheries subsidies.
Tags: Todd McClay Damien O'Connor World Trade Organization WTO New Zealand Trade Minister Ministerial Conference Labour Party global trade supply chain resilienceNew Zealand's Trade Minister Todd McClay to Vice Chair WTO Ministerial in Cameroon
1 month ago | 370 viewsTrade and Investment Minister Todd McClay is attending the 14th WTO Ministerial Conference in Cameroon as Vice Chair, playing a key role in facilitating negotiations. New Zealand emphasizes the importance of a rules-based global trade system and aims to uphold the WTO’s integrity amid rising protectionism and global economic disruptions. The conference, attended by 166 member economies, will address issues including e-commerce, agriculture reform, and fisheries subsidies.
Tags: Todd McClay Damien O'Connor World Trade Organization WTO New Zealand Trade Minister Ministerial Conference Labour Party global trade supply chain resilience