- Prime Minister John Key’s announcement that negotiations have commenced to upgrade the China Free Trade Agreement (China FTA)
- Trade Minister Todd McClay and opposition MPs will be travelling to Europe and Iran next week to take part in a number of trade-related events.
"With Brexit and the negotiation for a Free Trade Agreement with the European Union underway, New Zealand absolutely needs to engage more broadly in trade-related activities in Europe. Italy, France and the United Kingdom are collectively worth more than $9.2 billion of two-way trade, and are home to 190 million consumers. Britain and Europe are also very significant destinations for our horticultural produce; apples, kiwifruit, onions are all important exports from New Zealand, with horticulture’s exports to the continental European market valued at $518m, and the UK and Ireland at $154m."
"Both these trade enhancing developments are timely because of President-elect Trump’s decision to pull the US back from the TPPA trade deal. Whatever happens, New Zealand needs to be working on all possible trade improvement avenues to ensure our continued economic success."