Articles tagged with Trade Minister
Future of Investment and Trade Partnership Advances Global Trade and Reduces Barriers
3 weeks ago | 206 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 DeclarationGlobal Trade Ministers Gather in Auckland for Major FIT Partnership Meeting
3 weeks ago | 224 viewsTen trade ministers and up to 100 delegates from 21 countries will meet in Auckland for the second Future of Investment and Trade (FITP) Partnership Ministerial Meeting, chaired by New Zealand's Trade Minister Todd McClay. The meeting aims to reduce trade barriers, simplify trade rules, and address non-tariff barriers affecting $9 billion of New Zealand trade, while promoting digital trade and tackling trade-distorting subsidies. This global gathering strengthens ties among small and medium-sized economies and positions New Zealand at the forefront of international trade discussions.
Tags: Todd McClay New Zealand FIT Partnership trade ministers international trade global trade trade rules digital trade trade disruptionsCosta Rica Joins CPTPP: New Zealand Gains Duty-Free Access and Trade Benefits
3 months ago | 709 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-India Free Trade Agreement Signed to Boost Exports and Trade Growth
3 months ago | 670 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 SingaporeNZ Trade Minister Todd McClay to Vice Chair WTO Conference in Cameroon
4 months ago | 705 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
4 months ago | 784 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 resilienceNew Zealand-India Free Trade Agreement: A Landmark Deal Boosting Exports and Jobs
7 months ago | 1057 viewsPrime Minister Christopher Luxon hailed the conclusion of the India-New Zealand Free Trade Agreement as a landmark achievement that fulfills a key campaign promise and opens significant opportunities for New Zealand exporters by removing tariffs on over half of exports to India. The agreement strengthens ties with India, the world's fastest-growing major economy, promising job creation, export growth, and a deeper partnership between the two nations. Extensive diplomatic engagement, including multiple high-level visits and trade missions, contributed to securing this high-quality deal that Prime Minister Modi also supports enthusiastically.
Tags: Christopher Luxon Narendra Modi Todd McClay Piyush Goyal New Zealand India Prime Minister Trade Minister Foreign MinisterNew Zealand and Australia Strengthen Economic Cooperation for Regional Growth
10 months ago | 953 viewsNew Zealand and Australia have agreed to expedite efforts to enhance the Single Economic Market, emphasizing open markets and collaboration to boost economic resilience. Key outcomes of the annual CER Trade Ministers’ Meeting include advancing regulatory alignment, deepening economic integration, and coordinating trade engagement on a regional and global scale. The Ministers aim to facilitate trade and investment for businesses across the region, aligning government actions with commercial priorities and welcoming input from the Australia New Zealand Leadership Forum.
Tags: New Zealand Australia Single Economic Market Todd McClay Don Farrell Closer Economic Relations CER Monarto South Australia Trade Ministers Meeting