Articles tagged with Trade Agreement

New Zealand Exporters Gain Big as India FTA Boosts Trade Before Launch

17 hours ago | 52 views

New Zealand exporters are experiencing significant growth in India ahead of the New Zealand-India Free Trade Agreement (FTA) coming into force, with export volumes rising due to increased demand for high-quality products like apples and kiwifruit. The FTA will immediately eliminate tariffs on 57% of exports, providing substantial financial benefits to growers and expanding opportunities in forestry, wool, wine, services, and tourism sectors. Trade Minister Todd McClay emphasizes that early exporter engagement and timely ratification of the FTA will enhance access and boost New Zealand’s trade success with India.

Tags: Todd McClay New Zealand India Free Trade Agreement apples kiwifruit Matariki Forests Air New Zealand Air India wine

Historic Visit: Indian PM Narendra Modi to Boost New Zealand-India Trade and Ties

3 days ago | 74 views

Indian Prime Minister Narendra Modi will make his first official visit to New Zealand in 40 years, marking a historic moment in bilateral relations, Prime Minister Christopher Luxon announced. The visit aims to strengthen ties through discussions on trade, investment, maritime security, education, technology, and other areas, building on the recently signed New Zealand-India Free Trade Agreement that will boost exports and economic growth. This visit also celebrates the strong people-to-people connections between the two countries, with a significant Kiwi-Indian community contributing across various sectors.

Tags: Narendra Modi Christopher Luxon India New Zealand Free Trade Agreement Indian Prime Minister trade economic growth

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

NZ Trade Minister Todd McClay to Lead Key Talks at APEC Summit in China

1 month ago | 381 views

Minister 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 partnership

New Zealand and Singapore Sign Landmark Agreement to Secure Essential Goods Trade

2 months ago | 432 views

New 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 restrictions

Kiwi Exports to EU Surge $3 Billion in Two Years Boosting NZ Economy

2 months ago | 404 views

Kiwi 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 tourism

New Zealand and India Sign Historic Free Trade Agreement Boosting Jobs and Exports

2 months ago | 457 views

New 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 Nation

New Zealand-India Free Trade Agreement Signed to Boost Exports and Trade Growth

2 months ago | 508 views

Trade 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 Singapore

New Zealand-India FTA Signed: Major Tariff Cuts Boost Exports and Trade

2 months ago | 583 views

Legal 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 exports

New Zealand’s Trade Hits $61.2B in Q4 with Strong Export Growth

4 months ago | 673 views

New Zealand's international trade statistics reveal strong export growth, reaching $29.2 billion in the December quarter, driven by key sectors like dairy, tourism, and meat. Trade and Investment Minister Hon Todd McClay highlights the importance of open markets, strong trading relationships, and government support in sustaining this success amid global economic uncertainty. The government remains committed to enhancing trade by reducing barriers, expanding free trade agreements, and empowering exporters to drive economic growth and job creation.

Tags: Todd McClay New Zealand Kiwi exporters international trade dairy exports tourism meat exports trade statistics free trade agreements New Zealand economy

Agriculture Minister Celebrates Record $4B Lamb Exports Ahead of National Lamb Day

4 months ago | 699 views

Agriculture Minister Todd McClay hosted a barbecue to celebrate National Lamb Day and the milestone of lamb exports exceeding $4 billion, highlighting the red meat sector's vital economic contribution to New Zealand. The government aims to boost the agriculture sector by cutting red tape, enhancing trade, and supporting farmers to help double export values within ten years. Key trade achievements include agreements with the UAE, Gulf Cooperation Council, and India, with ongoing efforts to remove trade barriers and expand market access.

Tags: Todd McClay Agriculture Minister National Lamb Day New Zealand red meat sector lamb exports NZ–UAE Comprehensive Economic Partnership Agreement Gulf Cooperation Council Free Trade Agreement India sheep and beef farmers

New Zealand 2026 General Election Set for November 7, PM Luxon Announces

5 months ago | 919 views

Prime Minister Christopher Luxon announced the 2026 General Election will be held on Saturday, 7 November, providing certainty to New Zealanders and emphasizing the government's ongoing commitment to economic management and improving public services. He highlighted achievements such as reduced inflation, increased business confidence, improved law and order, and better educational outcomes under the National-led Government. The election timeline includes Parliament rising on 24 September, dissolution on 1 October, nominations closing on 8 October, advance voting starting 26 October, and writ return by 3 December.

Tags: Christopher Luxon New Zealand 2026 General Election Prime Minister National Party Free Trade Agreement India inflation law and order

China Sets Beef Import Quotas Impacting New Zealand Exports From 2026

6 months ago | 1136 views

China has announced beef import quotas effective from January 2026 for three years, including an annual duty-free quota for New Zealand starting at 206,000 tonnes, which exceeds New Zealand’s recent export volumes. New Zealand’s Trade Minister Todd McClay emphasized that the quota reflects strong bilateral engagement and ensures minimal disruption to exports under the China-New Zealand Free Trade Agreement. Despite the new restrictions, China remains a key market for New Zealand beef, with ongoing efforts to maintain smooth trade relations and explore growth opportunities.

Tags: China New Zealand Todd McClay beef imports trade agreement quota safeguard investigation beef exports China NZ FTA trade relationship

New Zealand-India Free Trade Agreement: Boosting Exports with Duty-Free Access

6 months ago | 1025 views

New 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 List

New Zealand-India Free Trade Agreement Unlocks Major Export Opportunities

6 months ago | 1017 views

New 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