Surfing the digital wave – Digital technology is transforming everything about the way that we live, work and do business. Trade is no exception.
Here is our collection of articles and blog posts regarding trade issues, the importance of trade and the relevance of trade to everyday New Zealanders.
This trade war is not about trade at all: it’s about politics and most specifically about geopolitics and the economic rivalry between two great powers.
Stephen Jacobi discusses the benefits and challenges of the NZ/EU FTA. Negotiations are taking place in Wellington this week – find out more about the NZ/EU FTA here.
Senior Asia-Pacific business leaders have issued a strong call to support and reform the World Trade Organisation, recognising the critical role that the global rules-based trading system plays in sustaining prosperity for all countries, businesses and communities.
In anticipation of no Brexit on the 29th, the UK has released a new temporary post-Brexit tariff schedule. Nearly 90 percent of imports would become duty-free overnight, but some sensitive NZ exports would still face tariffs and tariff rate quotas (TRQs).
Less than two weeks before “B-Day”, the Brexit process has descended into disarray. There is still a risk that the UK will crash out of the EU on or shortly after 29 March with no deal in place, notwithstanding King Canute-like attempts to avert this. Perhaps more likely, however, there is a prospect of a long delay of months or years – or equally that PM May’s original Withdrawal Agreement will finally be agreed, meaning in effect status quo ante for trade until the end of 2020. All of this leaves business – including New Zealand exporters – with little certainty, even as the clock ticks down to Brexit.
The last year has been something of a roller-coaster ride for the relationship between New Zealand and China. Against a background of great power rivalry and geo-political tension, points of difference between the two countries have emerged to test the resilience of the “comprehensive strategic partnership” which was agreed back in November 2014.
In her valedictory blog as she prepares to step down from her term on the APEC Business Advisory Council (ABAC), ABAC NZ member Katherine Rich [read more…]
The flow of data across borders now drives more economic growth than the flow of goods – but digital trade regulation lags far behind the realities of international e-commerce and other activity “in the cloud”. New Zealand, along with 75 other WTO members, has agreed to negotiate new trade rules in this area.
A mere 64 days before the UK is due to leave the European Union, the UK-EU-NZ trade picture remains shrouded in the chill mists of confusion. During her visit to London this week, the Prime Minister announced two welcome new UK-NZ agreements on aspects of our trade relationship but it may not be enough.