ISSUE
Friday, August 15, 2025
Volume 16 . Issue 72
Trade is vital for creating more jobs and higher incomes for New Zealanders. This year, the government has made significant progress on several trades, deals which will unlock a wide range of opportunities for our country.
Just a few weeks, after finalising the Trans Pacific Partnership (TPP), we have already moved on to the next big trade deal.
The Prime Minister and European Union (EU) leaders have announced that negotiations will begin on an EU-NZ free trade agreement as soon as possible.
The EU covers a staggering NZ$20 trillion worth of GDP and is home to many consumers with sophisticated tastes. Europeans like New Zealand’s quality exports and if we can get better access to those markets then we can sell more.
This is just the first step and it could take some time, but it is significant progress towards a stronger trading relationship.
A free trade agreement with the EU would build on our agreement with Korea which passed through Parliament around a month ago, and the recently concluded TPP negotiations.
TPP is expected to be worth at least $2.7 billion a year to New Zealand by 2030.
The agreement with Korea will save New Zealand exporters $65 million in the first year alone and largely eliminate the $229 million our exporters pay a year in duties.
Together, TPP and the free trade deal with Korea are worth $14,000 to every Kiwifruit grower alone in New Zealand.
That means New Zealand businesses have more money to invest in growth, including jobs.
Tariff savings are just the start of the benefits trade agreements offer. Removing barriers to access is even more important to exporters.
Trade deals also allow New Zealand companies to stay afloat in markets overseas and for their products to compete with others who already have free access. We just can’t afford to miss the boat on this.
Improving access to international markets is a key component of the government’s Business Growth Agenda. Creating new opportunities for our exports is crucial to growing jobs and incomes in New Zealand.
After our trade deal with Korea, 11 other TPP countries, and getting the ball rolling on a deal with the 28 countries of the EU, the National-led Government is keeping up the momentum on trade.
Trade is vital for creating more jobs and higher incomes for New Zealanders. This year, the government has made significant progress on several trades, deals which will unlock a wide range of opportunities for our country.
Just a few weeks, after finalising the Trans Pacific Partnership (TPP), we...
Trade is vital for creating more jobs and higher incomes for New Zealanders. This year, the government has made significant progress on several trades, deals which will unlock a wide range of opportunities for our country.
Just a few weeks, after finalising the Trans Pacific Partnership (TPP), we have already moved on to the next big trade deal.
The Prime Minister and European Union (EU) leaders have announced that negotiations will begin on an EU-NZ free trade agreement as soon as possible.
The EU covers a staggering NZ$20 trillion worth of GDP and is home to many consumers with sophisticated tastes. Europeans like New Zealand’s quality exports and if we can get better access to those markets then we can sell more.
This is just the first step and it could take some time, but it is significant progress towards a stronger trading relationship.
A free trade agreement with the EU would build on our agreement with Korea which passed through Parliament around a month ago, and the recently concluded TPP negotiations.
TPP is expected to be worth at least $2.7 billion a year to New Zealand by 2030.
The agreement with Korea will save New Zealand exporters $65 million in the first year alone and largely eliminate the $229 million our exporters pay a year in duties.
Together, TPP and the free trade deal with Korea are worth $14,000 to every Kiwifruit grower alone in New Zealand.
That means New Zealand businesses have more money to invest in growth, including jobs.
Tariff savings are just the start of the benefits trade agreements offer. Removing barriers to access is even more important to exporters.
Trade deals also allow New Zealand companies to stay afloat in markets overseas and for their products to compete with others who already have free access. We just can’t afford to miss the boat on this.
Improving access to international markets is a key component of the government’s Business Growth Agenda. Creating new opportunities for our exports is crucial to growing jobs and incomes in New Zealand.
After our trade deal with Korea, 11 other TPP countries, and getting the ball rolling on a deal with the 28 countries of the EU, the National-led Government is keeping up the momentum on trade.
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