Trade Minister Todd McClay says he believes the time is right to launch trade talks with Mexico, Chile, Peru and Colombia as part of the Government’s push for better access in Latin America.
Mr McClay leaves tomorrow to attend the Pacific Alliance Leaders Summit where a trade deal will be top of his agenda.
“We’ve been talking to the four Pacific Alliance countries about better access for Kiwi exporters for the last two years. With direct flights to South America there is increasing opportunity for New Zealanders to do more in these growing markets,” Mr McClay says.
“New Zealand currently has more than $1.1 billion dollars of two-way trade with the countries of the Alliance. But our exporters face high tariffs rates on many products, including dairy, which is currently our largest export.”
“A high-quality free trade agreement with Mexico, Chile, Colombia and Peru as part of the Pacific Alliance trading bloc presents a huge opportunity for New Zealand companies exporting to this fast-growing region because there is so much room for growth.”
Mexico, Chile, Colombia and Peru are home to 221 million consumers and have a huge combined GDP of US$3.85 trillion. The Pacific Alliance is a regional integration and trading bloc.
“Under Trade Agenda 2030, the Government’s new trade strategy, we have set the ambitious target of covering 90 per cent of our goods trade under FTAs and the Pacific Alliance is an important part of reaching that goal,” Mr McClay says.
| A Beehive release || June 26, 2017 |||
Foreign Minister Gerry Brownlee will today travel to Cuba to meet with his counterpart before attending the Pacific Alliance Summit in Colombia.
On June 27, Mr Brownlee will visit Cuba to meet Foreign Affairs Minister Bruno Rodríguez Parrilla.
“This visit will help to strengthen New Zealand’s interests in the Latin American region, which is home to about 625 million people,” Mr Brownlee says.
“New Zealand works with Cuba on a number of important issues, including agriculture, international development, and regional cooperation.
“Both nations provide support to Small Island Developing States in the Pacific and Caribbean regions. Cuba is an important player in the Caribbean and the visit is a valuable opportunity to engage with one of our larger partners in the region,” Mr Brownlee says.
Mr Brownlee will then attend the Pacific Alliance Summit in Cali, Colombia on June 29 and 30. Trade Minister Todd McClay is also attending.
The Alliance is a regional organisation, established in 2011 by Chile, Colombia, Peru and Mexico. New Zealand has observer nation status with the Pacific Alliance.
“The Alliance is looking to begin trade negotiations with some observer countries as a pathway to offering Associate Membership of the group,” Mr Brownlee says.
“New Zealand already has long-standing relationships with the Alliance and each of its constituent nations.
“Pacific Alliance is a growing force for political and economic stability in Latin America, so it’s important for New Zealand to be a voice at the table,” Mr Brownlee says.
| A Beehive release || June 26, 2017 |||
Foreign Minister Gerry Brownlee has today announced three senior appointments to oversee New Zealand’s involvement in Expo 2020, being held in Dubai, United Arab Emirates (UAE).
Ex-Chairman of Kensington Swan lawyers, Clayton Kimpton, has been appointed as New Zealand’s Commissioner-General to Expo 2020 and prominent business leaders, Dame Julie Christie and Christopher Luxon, have been appointed to a wider steering group.
“Expo 2020 presents a huge opportunity for New Zealand businesses to promote their goods and services into a region that has become one of New Zealand's fastest-growing markets outside China,” Mr Brownlee says.
“The value of our trade with the Gulf States region currently stands at $3.8 billion a year.
“Participating at Expo 2020 gives us a platform to increase this substantially, by positioning New Zealand businesses at the heart of where relationships are made, perceptions are formed and deals get done.
“Bringing Clayton Kimpton, Dame Julie Christie and Christopher Luxon into the fold will bring a wealth of real-world commercial experience.
“This experience will help guide the planning and direction we take with Expo 2020, ensuring decisions are made through a business lens, focused on what New Zealand companies need to maximise the significant economic and entrepreneurial opportunities on offer,” Mr Brownlee says.
| A Beehive release || June 20, 2017 |||
China has approved formal access for New Zealand bovine blood products into the Chinese market, Primary Industries Minister Nathan Guy has announced today.
Access has been approved by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ) for New Zealand premises to export bovine blood products, such as bovine protein and serum, to China. This follows successful negotiations by the Ministry for Primary Industries (MPI).
“Formal access for New Zealand bovine blood products opens up enormous opportunities for our producers. These products represent a valuable market and we expect our exports will be in significant demand in China,” says Mr Guy.
“New Zealand now has market access for both finished and semi-finished products, which will mean exporters can attract a price-premium for these higher-value products. This is likely to be worth at least $50 million per year.
“We have an enviable disease status compared with many countries, which means our bovine blood products are widely sought after by a range of markets across the globe.”
Bovine serum and protein products are used in the animal pharmaceutical industry for manufacturing vaccines, diagnostic kits, laboratory testing media, and a range of specialised products.
New Zealand exported some bovine blood products to China prior to 2015, however formal access has now been negotiated providing more certainty.
Mr Guy made the announcement while visiting Proliant’s cattle blood product manufacturing plant in Feilding today.
Currently 16 premises have been registered by AQSIQ to export bovine blood products to China.
“This new access is a real bonus for the wider meat industry, the regions and our wider economy.”
| A Beehive release || June 22, 2017 |||
Trade Minister Todd McClay says his visit to Washington for high-level trade talks with the Trump Administration has been a success and that the U.S. has indicated it is open to a free trade agreement (FTA) with New Zealand when the time is right.
Mr McClay met with Commerce Secretary Wilbur Ross, newly appointed U.S. Trade Representative Robert Lighthizer, Congressman David Reichert, Special Advisors to the President and members of the US Chamber of Commerce.
Mr McClay says Secretary Ross has indicated that he is open to a trade deal with New Zealand and did not see any major issues, as our relationship was in good shape.
"It's clear the U.S. will take time considering its trade strategy. They're likely to have a considerable workload over next couple of years with NAFTA renegotiations and some big bilateral deals to do. However, I've welcomed their interest in an FTA as a demonstration of the good shape our trading relationship is in," Mr McClay says.
"Trade Agenda 2030 sets an ambitious target of 90 per cent of our goods trade being covered by FTAs by 2030. The U.S. will be an important part of achieving this goal and my discussions this week in Washington are encouraging."
USTR Robert Lighthizer also told Mr McClay he was keen to work with New Zealand on international trade policy issues.
"This was my 3rd meeting with Ambassador Lighthizer since his confirmation just over a month ago. I have a great deal of respect for Robert and believe that New Zealand will be able to work closely with him on trade."
Mr McClay says there is significant interest in New Zealand's approach to trade policy. Congressman Reichert and members of the U.S. business community said they had admiration for how we had opened our markets and made the most of the opportunities in the Asia Pacific region.
"They recognise we are number one in ‘ease of doing business' and were impressed with the strong performance of our economy,” Mr McClay says
Mr McClay says there is considerable scope to grow trade and investment with the U.S.
"Two-way trade with the U.S. reached $16 billion in 2016. This is an incredibly wealthy market with huge opportunity for New Zealand businesses. Trade Agenda 2030 means the Government will increase efforts to help New Zealanders do more in countries like the U.S.," Mr McClay says.
| A Beehive release || June 19, 2017 |||
A former New Zealand trade negotiator has been appointed the Government's key adviser for securing trade deals with countries outside the European Union.
Crawford Falconer, who has previously described Brexit as a "enormous opportunity", will work with International Trade Secretary Liam Fox to draw up deals ready to go as the UK leaves the EU.
A former vice minister for international trade and foreign affairs and ambassador to the World Trade Organisation, the academic is currently a trade professor at Lincoln University.
It comes as Mr Fox prepares to visit Washington on Monday for talks about future trade links between the UK and the US after Brexit.
He said: "Britain is a great global trading nation and, as we leave the EU, we will embrace the world and seek to build an outward-looking Britain that is confident on the world stage.
"We're attracting the very best global talent to the Department for International Trade and as an international economic department Crawford brings extensive experience of trade negotiation and foreign affairs and will play a key leadership role, with ministers and the first permanent secretary as we further build our trade capability."
The government has faced criticism that it does not have the skills and manpower needed to carry out complex deals for the country's future after Brexit.
In his role as chief trade negotiation adviser and second permanent secretary at the Department for International Trade (DIT), Mr Falconer will be responsible for boosting the negotiating skills in the team as well as developing free trade agreements and market access deals outside the EU.
Officials said more than 3,000 people now work for the department.
Speaking earlier this year at the Legatum Institute think tank, Mr Falconer said Brexit was a "potential game changer" and countries like Australia, New Zealand and Mexico would want to work with the UK.
"It's a bit like somebody who has woken up after a long sleep. They don't quite realise that they are the sleeping giant," he said.
"I think there is a dawning realisation that there's a huge strategic opportunity."
Speaking about his appointment, Mr Falconer, who holds dual New Zealand/ British nationality, said: "As the UK prepares to leave the EU, it will be top of the Government's agenda to turn the enormous new opportunities opening up for the UK into win-win agreements with our trading partners around the globe.
"That will bring tangible new gains to us at home, and it will bring gains to those trading partners that join us.
"As the world's fifth largest economic power, the UK will bring much needed leadership to the international trade agenda. I am absolutely delighted to join this hugely exciting new journey."
| An AOL release || June 17, 2017 |||
Trade Minister Todd McClay says a new era of closer economic relations with the Pacific has dawned following the signing of the PACER Plus trade and development agreement in Tonga today.
“This is a landmark moment for the economic future of the Pacific. Pacer Plus will help sustainably develop the countries involved through trade and help raise the standard of living for their people. A more resilient and prosperous Pacific is in all of our interests,” Mr McClay says.
“In the short-term, the Pacific countries who have signed this agreement will benefit economically and socially through the joint NZ Australia $55 million development package. Long-term, trade will help transform their economies by providing reliable income and sustainable growth.”
“PACER Plus also benefits New Zealand businesses by establishing a common set of trading rules covering goods, services and investment. These rules will reduce tariffs and red tape for New Zealand exporters and investors as well as future-proof competitive access for our companies.”
More information on PACER Plus will be available to business and the general public in a series of other upcoming public engagements on New Zealand’s full trade agenda.
More information about PACER Plus: www.mfat.govt.nz/pacer
Public engagement opportunities: www.mfat.govt.nz/tradeengagement
| A Beehive release || June 14, 2017 |||
Building trading contacts is at the top of the list for a delegation of businesses that arrives today in Taipei, the capital of Taiwan, for a five-day visit.
The delegation consists of six companies, and is being led by Wellington Chamber of Commerce Chief Executive John Milford.
Members will attend the 70th anniversary of the Importers and Exporters Association of Taipei, before visiting the New Zealand Commerce and Industry Office (NZCIO), the Wellington Chamber's office in Taipei that is responsible for the development of trade, economic and cultural interests with Taiwan, given New Zealand does not have diplomatic relations with Taiwan.
Mr Milford will also visit the Confederation of Asia-Pacific Chambers of Commerce and Industry on behalf of the New Zealand Chambers.
Mr Milford said he hoped there would be opportunities for the company representatives to develop new trade contacts and cement existing ones.
"Taiwan is currently our 8th largest market for goods exports, and in the two years following the signing of our economic agreement with Taiwan, apples exports increased by 200 percent, cherry exports by 150 percent and wine exports by 56 percent.
"We also saw a 52 percent increase in our services exports since the agreement came into place in 2013.
"The opportunities for business in Taipei are endless, so I'm confident this trip will open new doors."
The delegation has been organised in partnership with the Taipei Economic and Cultural Office in Wellington.
The Wellington Chamber operates NZCIO, which offers a range of support services for New Zealand businesses doing business in Taiwan, and Taiwanese businesses doing business with New Zealand.
| Wellington COC release || June 14, 2017 |||
New Zealand is trumpeting a new trade and development deal for the Pacific - but will it boost the economies of the smaller countries, or undercut their development writes Sam Sachdeva Newsroom Pro's Foreign Affairs and Trade Editor.
After eight long years of negotiations, it’s finally time to put pen to paper.
New Zealand, Australia and 11 other Pacific nations are gathering in Tonga on Wednesday to sign the PACER Plus trade and development agreement.
Speaking ahead of the signing, Trade Minister Todd McClay hailed the deal as “a new era for closer economic relations in the Pacific”, saying it will cut red tape for Kiwi exporters while making the region more attractive for trade and investment.
Trade Minister Todd McClay says the signing ceremony in Tonga of the landmark PACER Plus trade and development agreement on Wednesday will usher in a new era for closer economic relations in the Pacific.
Mr McClay will be joined at the ceremony by Australia and the Pacific Island countries who are ready to sign up.
“After eight years of negotiation, the opening for signature of PACER Plus allows us to begin implementation of a $55 million development package that will boost exports, lift living standards and create jobs across the Pacific,” Mr McClay says.
“The agreement will create a common set of trading rules covering goods, services and investment in support of economic growth. These rules will reduce tariffs and red tape for New Zealand exporters and investors, which will increase the attractiveness of the region for trade and investment.”
“PACER Plus future-proofs access for New Zealand companies and ensures we will remain competitive should other countries look to do deals in the region.”
“The door remains open for other Pacific Island countries, who aren’t yet in a position to sign and join the agreement.”
Mr McClay will be accompanied on the trip by Hon Annette King, Fletcher Tabuteau and Barry Coates as part of a bipartisan ministerial delegation.
“The signing of PACER Plus will be an opportunity for leaders and ministers from across the Pacific to gather and celebrate a new era for economic integration between our countries,” Mr McClay says.
“In light of its importance to the region, I have invited MPs from Labour, New Zealand First and the Greens to join me in Tonga.”
Note to editors: More information about the Pacific Agreement on Closer Economic Relations Plus (PACER Plus) can be found here: www.mfat.govt.nz/pacer
| A Beehive release || June 12, 2017 |||
Palace of the Alhambra, Spain
By: Charles Nathaniel Worsley (1862-1923)
From the collection of Sir Heaton Rhodes
Oil on canvas - 118cm x 162cm
Valued $12,000 - $18,000
Offers invited over $9,000
Contact: Henry Newrick – (+64 ) 27 471 2242
Mount Egmont with Lake
By: John Philemon Backhouse (1845-1908)
Oil on Sea Shell - 13cm x 14cm
Valued $2,000-$3,000
Offers invited over $1,500
Contact: Henry Newrick – (+64 ) 27 471 2242