Articles tagged with Trade
NZ Trade Minister Todd McClay to Lead Key Talks at APEC Summit in China
2 days ago | 87 viewsMinister for Trade and Investment Todd McClay will visit China for bilateral trade talks, industry promotion, and the APEC Trade Ministers meeting, emphasizing the importance of China as a key trading partner under New Zealand's Free Trade Agreement. He aims to strengthen connections with major regional economies and address critical fuel supply chain disruptions to ensure smooth trade flows. APEC's 21 economies collectively account for over 70% of New Zealand's exports, 60% of global GDP, and 37% of the world’s population.
Tags: Todd McClay Minister for Trade and Investment China New Zealand APEC Free Trade Agreement trade talks supply chains economic partnershipNew Zealand Imposes New Sanctions Targeting Russian Cyber Actors and Supporters
2 weeks ago | 176 viewsNew Zealand has announced its 35th round of sanctions targeting 20 individuals and entities supporting Russia’s illegal war against Ukraine, including those involved in cybercrime, propaganda, and military support. The sanctions also address an alternative payment provider facilitating sanctions evasion and actors from the DPRK and Iran aiding Russia’s military-industrial complex. Since March 2022, New Zealand has sanctioned over 2000 targets and continues to implement measures to counter Russia’s aggression.
Tags: Winston Peters Russia Ukraine New Zealand Kremlin DPRK Iran cybercrime sanctions Ministry of Foreign Affairs and TradeAmbassador Clare Kelly Appointed Chair of WTO General Council, Boosting NZ Trade Impact
2 weeks ago | 171 viewsTrade and Investment Minister Todd McClay has welcomed Ambassador Clare Kelly's appointment as Chair of the WTO General Council, marking only the second time a New Zealander has held this top position. Ms. Kelly, with extensive trade and foreign policy experience, will focus on advancing WTO reforms and extending the ban on tariffs for digital trade following disappointing outcomes at the 14th Ministerial Conference. She has served as New Zealand’s Ambassador to the WTO since 2022 and will hold the chair position for one year, succeeding Ambassador Saqer Abdullah Almoqbel.
Tags: Todd McClay Clare Kelly World Trade Organisation WTO Saqer Abdullah Almoqbel New Zealand Geneva Trade and Investment Minister Ambassador Ministry of Foreign Affairs and TradeCosta Rica Joins CPTPP: New Zealand Gains Duty-Free Access and Trade Benefits
2 weeks ago | 202 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 weeks ago | 186 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
3 weeks ago | 197 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
3 weeks ago | 211 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
4 weeks ago | 265 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
1 month ago | 352 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 exportsNew Zealand Cruise Forum 2026: Strengthening the Cruise Industry and Visitor Experience
1 month ago | 305 viewsThe second joint Government and industry Cruise Forum will be held to strengthen New Zealand’s position as a leading cruise destination by addressing challenges and fostering collaboration. The cruise sector significantly contributes $1.37 billion to the economy but faces volatility from global trends, prompting efforts in regulatory coordination, biofouling management, and port infrastructure investment. Additionally, Tourism Minister Louise Upston will promote New Zealand at the Seatrade Cruise Global event to enhance international engagement and showcase the country’s hospitality.
Tags: Louise Upston New Zealand Tourism and Hospitality Minister Cruise Forum Seatrade Cruise Global Wellington Government cruise sector industry representatives MiamiWTO Ministerial Conference: New Zealand Advances Digital Trade and Fuel Talks
1 month ago | 290 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 SingaporeNZ Trade Minister Todd McClay to Vice Chair WTO Conference in Cameroon
2 months ago | 345 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
2 months ago | 445 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 resilienceNZ Leads FIT Partnership to Strengthen Global Supply Chain Resilience Amid Middle East Conflict
2 months ago | 393 viewsTrade and Investment Minister Todd McClay highlighted the impact of the Middle East conflict on global supply chains during the Future of Investment and Trade (FIT) Partnership meeting, emphasizing the risks of disruptions such as fuel supply challenges. He stressed the importance of keeping trade lines open and urged FIT members to collaborate on maintaining resilient supply chains through real-time information sharing and coordinated responses. The FIT Partnership, comprising 16 small and medium trade-dependent countries, aims to strengthen global trade cooperation and will hold its next ministerial meeting in Auckland in July 2026.
Tags: Todd McClay Future of Investment and Trade FIT Partnership New Zealand Middle East conflict supply chains trade disruption export restrictions global tradeNew Zealand and Chile Sign Strategic Agricultural Partnership for 2026-2030
2 months ago | 490 viewsNew Zealand and Chile have signed the Strategic Agricultural Arrangement 2026–2030 to enhance cooperation in agriculture, focusing on expertise exchange, sustainable development, research, innovation, and climate resilience. Both countries share similar farming systems and advocate for open, rules-based trade, aiming to strengthen their agricultural relationship and seize mutual opportunities. This agreement builds on 80 years of diplomatic ties and aims to boost economic returns for farmers and exporters in both nations.
Tags: New Zealand Chile Todd McClay Ignacia Fernández Agriculture Strategic Agricultural Arrangement trade sustainable development climate resilience diplomatic relations