Articles tagged with Agreement

Showing 15 of 67 articles

NZ-UAE Bilateral Investment Treaty Boosts Economic Cooperation and Trade

18 Nov 2025 | 9 months ago | 920 views

The NZ-UAE Bilateral Investment Treaty has come into force, enhancing economic cooperation by providing clear investment rules and complementing the existing Comprehensive Economic Partnership Agreement. Both countries view these agreements as crucial for increasing two-way investment, strengthening private sector engagement, and supporting New Zealand's economic growth. Additionally, the establishment of the New Zealand-UAE Business Council aims to further boost trade, investment, and collaboration between the two nations.

Tags: Todd McClay Thani bin Ahmed Al Zeyoudi New Zealand United Arab Emirates Bilateral Investment Treaty Comprehensive Economic Partnership Agreement Trade and Investment Minister

NZ Climate Change Minister Attends COP30 in Brazil to Drive Global Climate Action

14 Nov 2025 | 9 months ago | 883 views

Climate Change Minister Simon Watts will attend COP30 in Belém, Brazil, emphasizing the need for all countries to take meaningful climate action in line with the Paris Agreement. He aims to deepen cooperation for New Zealand's transition to a low-emission economy through innovation and investment. Additionally, Mr Watts will meet with global counterparts and promote New Zealand companies in São Paulo before returning on November 21.

Tags: Simon Watts Climate Change Minister COP30 United Nations Belém Brazil Paris Agreement New Zealand economy Pacific region

India's Commerce Minister Piyush Goyal Accelerates Trade Talks with New Zealand

07 Nov 2025 | 10 months ago | 1100 views

India’s Commerce and Industry Minister Piyush Goyal and a large trade delegation visited New Zealand, deepening business ties and accelerating trade talks with Trade and Investment Minister Todd McClay. The visit included high-level meetings, engagements with the New Zealand Indian community, and discussions to advance negotiations for a free trade agreement (FTA) between the two countries. Both sides are committed to securing a balanced and ambitious FTA that will benefit their trade relationship and provide access to the growing Indian economy.

Tags: Piyush Goyal Todd McClay India New Zealand Trade Minister Free Trade Agreement Business Partnership Negotiations

New Zealand, Singapore, and Chile Launch Green Economy Partnership Agreement in Korea

30 Oct 2025 | 10 months ago | 977 views

Prime Minister Christopher Luxon and Minister for Trade and Investment Todd McClay, along with their Singaporean and Chilean counterparts, launched negotiations for the Green Economy Partnership Agreement (GEPA) in the Republic of Korea. The agreement aims to boost trade and investment opportunities in the global green economy, estimated to reach US$11 trillion by 2040, by focusing on areas such as sustainable finance, green goods and services, and low emissions fuel alternatives. The negotiations, set to continue until 2026, follow the signing of a Comprehensive Strategic Partnership with Singapore and underline New Zealand's commitment to meeting climate targets and fostering a greener economy through international collaboration.

Tags: Christopher Luxon Todd McClay New Zealand Singapore Chile Green Economy Partnership Agreement GEPA Republic of Korea trade agreements climate targets

EU Trade Commissioner Maroš Šefčovič Visits NZ for Business Summit and Trade Committee Meeting

23 Oct 2025 | 10 months ago | 1109 views

European Union Trade Commissioner Maroš Šefčovič will visit New Zealand for the European Union-New Zealand Business Summit and first NZ-EU Trade Committee meeting, marking the first visit by an EU Trade Commissioner since 2018. The summit in Auckland will involve over 400 businesses and representatives from various sectors, aiming to boost trade and investment opportunities. The meeting will focus on maximizing the benefits of the Free Trade Agreement to enhance trade, investment, and partnership between New Zealand and the European Union.

Tags: Maroš Šefčovič Todd McClay European Union New Zealand Trade Commissioner Trade Committee Business Summit Free Trade Agreement Trade Investment

New Zealand and Iceland Strengthen Cooperation on Working Holidays, Taxation, and Geothermal Energy

22 Oct 2025 | 10 months ago | 983 views

New Zealand and Iceland are strengthening cooperation in areas such as working holidays, taxation, and geothermal energy, as announced by Foreign Minister Winston Peters during his visit to Iceland. Initiatives like a reciprocal Working Holiday Scheme aim to enhance collaboration between the two island nations, fostering opportunities for young people to engage, learn, and contribute internationally. The Double Tax Agreement and exploration of geothermal energy aim to bolster economic ties and address future energy needs, with Mr Peters highlighting the importance of learning from Iceland's expertise in this field during his broader visit to the Nordic region.

Tags: New Zealand Iceland Winston Peters Halla Tómasdóttir Erica Stanford Daði Már Kristófersson Jóhann Páll Jóhannsson Working Holiday Scheme Double Tax Agreement Geothermal Energy

New Zealand-Singapore Trade Boosted by Strategic Food Partnership and Essential Supplies Agreement

10 Oct 2025 | 11 months ago | 1142 views

New Zealand and Singapore have strengthened their trade relationship through the launch of a Strategic Food Partnership and the Agreement on Trade in Essential Supplies, announced by Minister Todd McClay. The Strategic Food Partnership aims to enhance agrifood trade, facilitate the movement of high-quality food, and promote investment and innovation in the primary and food production sectors. The Agreement on Trade in Essential Supplies ensures the continuous flow of goods like food and fuel during crises, with a crisis-response arrangement to prevent export curbs and support supply chain resilience.

Tags: New Zealand Singapore Strategic Food Partnership Agreement on Trade in Essential Supplies Todd McClay agrifood trade investment research innovation primary production

Boosting Trade and Investment: NZ and Australia Strengthen Economic Partnership in CER Meeting

02 Oct 2025 | 11 months ago | 1094 views

Trade and Investment Minister Todd McClay will meet Australian Trade Minister Senator Don Farrell in Adelaide for the CER Trade Ministers’ Meeting to enhance the Single Economic Market and strengthen the economic partnership between New Zealand and Australia. The meeting aims to boost trade, investment, and business growth across the Tasman amidst global trade uncertainties. Discussions will focus on elevating the partnership, addressing trade barriers, enhancing regulatory coherence, and coordinating on international trade initiatives to benefit businesses on both sides of the Tasman and align government actions with business needs.

Tags: Todd McClay Don Farrell Single Economic Market CER Trade Agreement WTO CPTPP Prime Ministers Luxon Albanese Australia New Zealand Leadership Forum

New Zealand and Saudi Arabia Establish Business Council to Boost Trade and Investment

17 Sep 2025 | 11 months ago | 1076 views

Minister for Trade and Investment Todd McClay and Saudi Minister of Investment H. E. Dr Majid bin Abdullah Al-Kassabi signed a joint statement establishing the New Zealand–Saudi Arabia Business Council to enhance trade and investment between the two countries. Saudi Arabia, a top 20 export market for New Zealand with a significant economy, presents lucrative opportunities, especially with the upcoming free trade agreement with the Gulf Cooperation Council. The Business Council aims to support exporters, raise awareness of opportunities, strengthen relationships, and contribute to the government's goal of doubling exports in 10 years, ultimately creating more jobs and economic growth for New Zealand.

Tags: Minister for Trade and Investment Todd McClay Saudi Minister of Investment New Zealand–Saudi Arabia Business Council Saudi Arabia trade investment free trade agreement Gulf Cooperation Council exporters

New Zealand Exporters Set to Benefit from Fairer Competition Under WTO Fisheries Subsidies Agreement

15 Sep 2025 | 11 months ago | 1079 views

New Zealand's Trade and Investment Minister Todd McClay highlights the benefits for exporters from the World Trade Organisation's Agreement on Fisheries Subsidies coming into effect, aiming to ensure fair competition by prohibiting subsidies that support illegal fishing practices. McClay emphasizes that the agreement aligns with New Zealand's push for global reform in the fishing industry, promoting responsible production and safeguarding fish stocks. New Zealand's ratification of the agreement in 2023 reflects its commitment to supporting fair competition and doubling the value of exports, with a focus on the Pacific region where key partners and exporters operate.

Tags: Todd McClay New Zealand exporters subsidies fish WTO agreement competition trade fisheries

Health Minister Urges Binding Arbitration to End Healthcare Dispute

04 Sep 2025 | 1 year ago | 1078 views

Health Minister Simeon Brown has urged Health New Zealand and ASMS to swiftly engage in binding arbitration to settle their dispute, which stems from an expired collective agreement despite previous efforts like mediation and bargaining. The ongoing strike actions by ASMS have disrupted care for numerous patients, with a potential future strike threatening more disruptions. The Government emphasizes the importance of providing timely and quality healthcare to all New Zealanders, and both parties must confirm their acceptance of arbitration by Friday 4:00 PM.

Tags: Simeon Brown Health Minister Health New Zealand Association of Salaried Medical Specialists arbitration collective agreement strike action patients healthcare New Zealanders

Finance Minister Thanks Departing Reserve Bank Chair for Service

29 Aug 2025 | 1 year ago | 976 views

Finance Minister Nicola Willis thanked departing Reserve Bank Chair Neil Quigley for his long service, acknowledging his contributions over 15 years as a board member and nine as Chair. Quigley resigned immediately, citing the completion of key tasks and the timing being right for a transition to a new Chair. Deputy Chair Rodger Finlay will temporarily assume the Chair's duties until a permanent appointment is made, and the vacancy on the board left by Quigley will be filled in the future.

Tags: Finance Minister Nicola Willis Reserve Bank Chair Neil Quigley board member Chair resignation funding agreement capital settings new Governor

New Zealand–UAE Trade Agreement Brings Major Benefits and Opportunities

27 Aug 2025 | 1 year ago | 1316 views

The New Zealand–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA) has come into effect, offering significant tariff savings and market access for Kiwi exporters. Key goods like dairy, red meat, and fruit will now enter the UAE duty-free, with the agreement aiming to enhance trade and investment opportunities between the two countries. The CEPA also paves the way for increased bilateral trade, job creation, and economic growth, aligning with New Zealand's export expansion goals.

Tags: New Zealand United Arab Emirates Comprehensive Economic Partnership Agreement Todd McClay Agriculture Trade Investment Minister CEPA Kiwi exporters tariff savings

NZ-UAE Comprehensive Economic Partnership Agreement Boosts Export Opportunities in $500B Market

22 Jul 2025 | 1 year ago | 1971 views

The NZ-UAE Comprehensive Economic Partnership Agreement (CEPA) legislation has passed, giving Kiwi exporters access to a $500 billion market that imports 90% of its food, with tariffs on 98.5% of exports immediately removed, rising to 99% in three years. Agriculture, Trade, and Investment Minister Todd McClay highlights the benefits of the agreement in lowering costs, increasing access, and enhancing New Zealand's presence in the Middle East, aiming to capitalize on UAE consumers' demand for safe, fresh products. The CEPA aims to boost two-way trade between New Zealand and the UAE, worth $1.35 billion last year, by reducing red tape, promoting services trade, and supporting investment links, aligning with the government's goal of doubling export value in a decade.

Tags: New Zealand UAE Comprehensive Economic Partnership Agreement CEPA Todd McClay Agriculture Trade Investment Minister exporters tariffs

New Zealand Resolves Dairy Dispute with Canada Under CPTPP, Securing $157m Export Value Annually

17 Jul 2025 | 1 year ago | 1858 views

Trade and Investment Minister Todd McClay announced a resolution to a dairy dispute between Canada and New Zealand under the CPTPP, projecting a $157m annual export value increase for New Zealand dairy exporters. New Zealand initiated dispute settlement proceedings due to limited dairy market access in Canada, leading to a favorable ruling and subsequent agreement for improved access through quota adjustments and penalties for misuse. McClay emphasized the importance of upholding CPTPP obligations, praised Canada for constructive engagement, and highlighted the agreement's reinforcement of the rules-based trading system.

Tags: Todd McClay Canada New Zealand dairy dispute CPTPP trade investment exporters agreement quotas