Articles tagged with Todd Mcclay
Showing 15 of 142 articles
Government Boosts Kiwi Exports by Cutting Trade Barriers and Expanding Market Access
27 Nov 2025 | 9 months ago | 939 viewsThe New Zealand Government is actively reducing non-tariff trade barriers to support approximately $600 million in exports, boost business growth, and create jobs, with recent successes including expanded market access to China, Korea, and Mexico. Key initiatives such as trade agreements with the UAE, Gulf Cooperation Council, and ongoing negotiations with India have contributed to exports surpassing $100 billion for the first time, driven by strong growth in food and fibre sectors. Ministers Nicola Willis and Todd McClay emphasize that improving market access and trade certainty is essential for sustaining economic momentum, supporting jobs, and doubling export value within the next decade.
Tags: Nicola Willis Todd McClay New Zealand Kiwi exporters trade barriers exports China Mexico Korea NZ–UAE Comprehensive Economic Partnership AgreementCosta Rica Nears CPTPP Membership as Trade Ministers Advance Accession Talks
21 Nov 2025 | 9 months ago | 915 viewsTrade and Investment Minister Todd McClay welcomed progress on Costa Rica’s accession to the CPTPP, with ministers planning to announce substantial conclusions before year-end, making Costa Rica the second economy to join after the UK. Accession processes will also begin with Uruguay this year and with Indonesia, the Philippines, and the UAE in 2026, while discussions continue with other aspirant countries to meet the Auckland Principles. Additionally, inaugural Trade and Investment Dialogues with the EU and ASEAN were held to strengthen cooperation on digital trade, supply chain resilience, and support for WTO reform, emphasizing the importance of upholding international trade rules.
Tags: Todd McClay Costa Rica CPTPP United Kingdom Uruguay Indonesia Philippines United Arab Emirates European Union ASEANFIT Partnership Launches Initiative to Strengthen Global Supply Chain Resilience
18 Nov 2025 | 9 months ago | 876 viewsTrade and Investment Minister Todd McClay joined the Future of Investment and Trade (FIT) Partnership to launch an initiative aimed at enhancing supply chain resilience through a Ministerial Declaration. The FIT Partnership, established in September 2025, serves as a platform for small and medium-sized economies to promote open, fair, and rules-based trade while welcoming new members Malaysia and Paraguay. This effort aims to provide greater certainty and reduced costs for exporters, boosting economic confidence amid global disruptions.
Tags: Todd McClay Future of Investment and Trade FIT Partnership supply chain resilience New Zealand Malaysia Paraguay trade investment Ministerial MeetingNZ-UAE Bilateral Investment Treaty Boosts Economic Cooperation and Trade
18 Nov 2025 | 9 months ago | 900 viewsThe 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 key to increasing two-way investment and strengthening private sector engagement, supported by the newly established NZ-UAE Business Council. The UAE serves as a major market for New Zealand and a strategic gateway to a rapidly growing and diversifying regional economy.
Tags: Todd McClay Thani bin Ahmed Al Zeyoudi New Zealand United Arab Emirates Bilateral Investment Treaty Comprehensive Economic Partnership Agreement Trade and Investment Business CouncilNZ-UAE Bilateral Investment Treaty Boosts Economic Cooperation and Trade
18 Nov 2025 | 9 months ago | 920 viewsThe 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 MinisterNew Zealand Strengthens Forestry Trade with India in Successful Mission 2025
17 Nov 2025 | 9 months ago | 882 viewsNew Zealand’s forestry and wood-processing sector led a successful trade mission to India, aiming to expand growth opportunities and strengthen market ties. The mission produced tangible results under the Forestry Cooperation agreement, enhanced understanding of India’s forestry policies, and highlighted New Zealand’s premium timber products suited for India’s urbanization and sustainable construction. A return Indian forestry delegation will visit New Zealand in February 2026 to further develop the bilateral partnership and deepen strategic relations.
Tags: Todd McClay New Zealand India forestry trade mission Piyush Goyal timber products sustainable construction bilateral partnershipUS Removes Additional Tariffs on Key New Zealand Agricultural Exports
16 Nov 2025 | 9 months ago | 1190 viewsNew Zealand Minister Todd McClay cautiously welcomed the US decision to remove additional reciprocal tariffs on key agricultural exports like beef and kiwifruit, which account for about 25% of New Zealand's exports to the US, worth NZ$2.21 billion annually. The rollback, estimated to save exporters around $330 million, restores pre-April tariff conditions but is only partial, as tariffs remain on other products, maintaining uncertainty and costs for exporters. McClay emphasized the balanced trade relationship and continues to urge the US to remove tariffs on all New Zealand exports.
Tags: Todd McClay Jamieson Greer United States New Zealand Trade Tariffs Agriculture Beef Kiwifruit ExportsNew Zealand Secures $450 Million in Deals at China Import Expo, Expands Market Opportunities
10 Nov 2025 | 10 months ago | 946 viewsTrade and Investment Minister Todd McClay announced new deals and partnerships worth up to $450 million at the China International Import Expo (CIIE). Over 20 Memorandums of Understanding and supply agreements were signed between New Zealand and Chinese companies during the event, with over 80 New Zealand companies participating. The focus was on showcasing premium Kiwi offerings across various sectors, and the importance of e-commerce and digital trade in meeting consumer demands in China was highlighted to support New Zealand exporters.
Tags: China New Zealand CIIE Todd McClay trade partnerships Memorandums of Understanding exporters agriculture digital tradeGovernment Announces Further Funding for Storm-Damaged Farmers
07 Nov 2025 | 10 months ago | 1085 viewsThe Government has allocated additional funding to aid farmers and growers in Southland, Clutha, and Hurunui districts in recovering from storm damage. Severe weather caused extensive destruction to powerlines, farm buildings, infrastructure, and affected dairy farms with prolonged power outages. The Rural Support Trusts in North Canterbury, Otago, and Southland are receiving up to $70,000 to assist in coordinating recovery efforts and supporting those in need, in addition to the $250,000 previously allocated for storm-affected communities.
Tags: Government funding farmers growers storm damage Agriculture Minister Todd McClay Rural Communities Minister Mark Patterson power outages recovery efforts Rural Support TrustsTrade Minister Todd McClay's Global Tour to Boost NZ Trade Relations
07 Nov 2025 | 10 months ago | 964 viewsMinister for Trade and Investment Todd McClay embarked on a trip to China, the UAE, India, Singapore, and Australia to enhance trade relations and advocate for New Zealand's interests globally. In China, he led a trade mission at the China International Import Expo and emphasized New Zealand's 'Grass-Fed' standard, highlighting the significance of the trade relationship with China as the largest trading partner. The Minister engaged in various meetings and trade negotiations in the UAE, India, Singapore, and Australia, aiming to strengthen economic ties and achieve the government's goal of doubling export value over a decade to boost job opportunities and incomes in New Zealand.
Tags: Todd McClay China UAE India Singapore Australia trade New Zealand Minister Piyush GoyalIndia's Commerce Minister Piyush Goyal Accelerates Trade Talks with New Zealand
07 Nov 2025 | 10 months ago | 1100 viewsIndia’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 NegotiationsNew Legislation Protects Farmland from Forest Conversions, Boosting Agriculture Sector
04 Nov 2025 | 10 months ago | 967 viewsLegislation has been enacted to restrict farm-to-forest conversions on productive farmland, fulfilling a campaign promise by Agriculture and Forestry Minister Todd McClay. The Climate Change Response (Emissions Trading Scheme - Forestry Conversion) Amendment Act, effective from October 31, 2025, aims to protect food production, rural communities, and forestry investments. Exotic forests are limited from entering the Emissions Trading Scheme on New Zealand's most productive soils, with exemptions for Māori-owned land and erosion-prone areas, while transitional exemptions are available for qualifying forestry investments made between 2021 and 2024.
Tags: Legislation farmland Agriculture Forestry Minister Todd McClay Climate Change Response Emissions Trading Scheme New Zealand MPIIndian Minister Piyush Goyal Strengthens New Zealand-India Trade Ties
04 Nov 2025 | 10 months ago | 967 viewsIndian Minister of Commerce and Industry Piyush Goyal will visit New Zealand to strengthen trade ties, reflecting the deepening relationship between the two countries over the past two years. The visit underscores the commitment of both governments to building a strategic and enduring partnership, with a focus on expanding trade and investment opportunities. Minister Goyal's agenda includes attending a business summit, engaging with the New Zealand-Indian community, visiting businesses in Rotorua, and discussing Free Trade Agreement negotiations with Trade and Investment Minister Todd McClay.
Tags: Piyush Goyal Todd McClay Droupadi Murmu Christopher Luxon Winston Peters India New Zealand Trade Economy BusinessNew Zealand, Singapore, and Chile Launch Green Economy Partnership Agreement in Korea
30 Oct 2025 | 10 months ago | 977 viewsPrime 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 targetsEU and New Zealand Strengthen Bilateral Trade Ties in Inaugural Meeting
25 Oct 2025 | 10 months ago | 939 viewsEuropean Union Trade Commissioner Maroš Šefčovič and New Zealand's Trade and Investment Minister Todd McClay adopted a joint declaration to enhance bilateral trade and reduce costs during the NZ-EU Trade Committee meeting in Queenstown. They emphasized the importance of deepening the trade relationship, addressing non-tariff barriers, and showcasing Kiwi exporters at the NZ-EU Business Summit. The discussions also touched on the EU's Deforestation Regulation, with plans to collaborate on reducing costs and ensuring fair access for exporters under the trade agreement.
Tags: Maroš Šefčovič Todd McClay European Union New Zealand trade investment bilateral trade technology innovation FTA