Of APEC, CPTPP and IPEF

Remove

Stephen Jacobi, Executive Director of NZIBF, traveled to San Francisco for APEC Leaders’ week and writes his thoughts on the outcome.

read more

BUSINESS FORUM APPLAUDS “HISTORIC” NZ UK FTA

by | Mar 1, 2022 | Featured Articles, Media Releases, NZIBF

Remove

The conclusion of the NZ UK Free Trade Agreement is a historic moment for NZ’s trade, says the NZ International Business Forum.

“This new free trade agreement, negotiated and concluded in record time, delivers unprecedented access to the UK market and sets the stage for a significant expansion of the economic relationship with Britain” says NZIBF Executive Director Stephen Jacobi.

“New Zealand’s hopes for an ambitious, high quality and comprehensive outcome have been well and truly met with 99.5% of current trade to the UK becoming tariff free on entry into force and a clear pathway for tariff elimination set for the remaining tariff lines.  New Zealand’s exports to the UK of dairy, meat, horticulture and wine along with other products will be materially advanced and New Zealand is opening its market further to UK exports of goods, services and investment.  We extend our congratulations to the two governments, especially Trade Ministers O’Connor and Trevelyan and our thanks to negotiators on both sides for their sterling work”.

Mr Jacobi said the FTA addressed new generation trade issues such as digital trade, climate and sustainability and economic opportunities for Māori.

“Our hope was always that this agreement could mark the emergence of the UK as a major ally in the quest for global trade liberalisation and this is reflected in the range of innovative trade rules the FTA puts in place.  We now look forward to ratification of the agreement and to securing in short order the UK’s membership of Comprehensive and Progressive Agreement on Trans Pacific Partnership (CPTPP), which will allow us to the take this partnership further”, concluded Mr Jacobi.

 

REGISTER WITH TRADE WORKS

Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.

 

Remove

 

Latest News

Of APEC, CPTPP and IPEF

While New Zealand was sorting out its new Government, the alphabet soup which is trade got a good stirring in San Francisco.  This was APEC Leaders’ week, the annual gathering of Leaders, Ministers, business people and other stakeholders from the 21 economies of...

EYES OPENED DURING INDIA VISIT

Published by Newsroom on 6 September 2023 Stephen Jacobi reports on the recent business delegation to India. Every country has its contrasts and a subcontinent of 1.4 billion with thousands of years of history has more than most.  Today’s India can reach the...

Large business delegation bound for India

MEDIA RELEASE - Tuesday 22 August, 2023 Fifty business representatives will leave later this week bound for Delhi, making it one of the largest delegations ever to head for India. The delegation, comprising members and senior leaders of five business organisations,...

India and New Zealand: The next innings

As published in the NZ Herald, 18 August 2023 By Stephen Jacobi As a trade mission prepares to depart for Delhi, Stephen Jacobi of the New Zealand International Business Forum considers the prospects for growing two-way trade and investment between India and New...

CRUNCH TIME FOR CPTPP

As published in the NZ Herald, 18 August 2023. By Stephen Jacobi, Executive Director, NZ International Business Forum. Following the Ministers’ meeting in Auckland, what is the outlook for CPTPP as the world’s most ambitious free trade agreement? When Ministers...

CER CELEBRATES A RUBY ANNIVERSARY

The Australia-New Zealand Leadership, the semi-annual gathering of Ministers and business leaders, has been described as a “successful symbol of trans-Tasman togetherness[1]”.  And the togetherness vibe was certainly present when the Forum gathered in Wellington...