Ata mārie koutou,
 
We were delighted to see the Prime Minister lead a successful trade delegation to Singapore and Japan over the Easter period to reaffirm the strong ties with two of our largest trading partners. While we already have trade agreements in place with both countries, the mission saw the signing of several agreements, notably; a pledge with Singapore to work together on supply chain disruptions caused by COVID-19, an expansion to the NZ-Singapore Working Holiday Scheme, and the Strategic Cooperative Partnership for Common Peace, Security, and Prosperity signed with Japan.
 
Back home, the move to Covid Alert Level Orange means we’re seeing more face-to-face events. We’re proud to support two upcoming events - the 2022 Primary Industries New Zealand Summit on the 6th & 7th of July and the US Business Summit happening next week on Monday, 2nd May. See below for more details!

Ngā mihi

Josh

China-NZ FTA Upgrade

The Upgrade entered into force on 7 April. The upgraded agreement will improve New Zealand’s access into China’s services market for a number of sectors including Airport Operations Services, Audio Visual Services, and Environmental Services. The Upgrade also provides further market access improvements for New Zealand’s wood and paper industry – over a 10-year period 99 per cent of New Zealand’s $3 billion wood and paper trade into China will be tariff-free.

CPTPP

The UK accession process is progressing slowly but surely.

There is not the same level of progress on new accession applications from China. Taiwan and Ecuador.

The topic of CPTPP expansion is an important issue being discussed by the Prime Minister in both Singapore and Japan this week.

US

The PM is due to travel to the US in May and will visit Los Angeles, Washington DC, Boston and New York.  While CPTPP will be discussed, there is little prospect of any movement by the US this side of the US mid-term elections.

Details on the Indo Pacific Economic Framework is still scarce but this issue will no doubt loom large in the PM’s discussions with the President.

As with the current visit to Singapore and Japan, China will be a major focus of discussion also.

Read more ->>

The Primary Industries New Zealand Summit & Awards will be held in Auckland on 6-7 July 2022.

The Summit supports New Zealand's primary industries to develop solutions and enable the sector to plan and prepare for its transition and adaptation to the future. Hear a vast representation of speakers including those from Meat, Dairy, Horticulture and Seafood.

Members / recipients of this notification are entitled to an extra $100 discount* on the registration pricing to the Primary Industries Summit. To qualify, enter the promotional code MGGCWC when booking online at primaryindustries.co.nz

*Note: discount will work for (1) registration at a time.

View agenda here ->>

ExportNZ's annual conference Go Global will now be held on Wednesday, 9 November 2022. 

This is an event not to be missed, an exciting speaker line up and more details to come!

On Monday, May 2 NZ INC. and Auckland Business Chamber present the United States Business Summit – Changing the Dial. Find out more and register here.

The United States is New Zealand’s third-largest individual trading partner and a major source of foreign direct investment, innovation and research, and tourism. There is a significant opportunity to expand the relationship, but moving ahead in today’s uncertain world requires a focus on this key partnership and insight into the current environment.

For Kiwi small to medium-sized exporters looking to operate and expand on the global stage, invoice financing is one of the best options to consider.

This type of finance solves a classic dilemma in international trade when your overseas buyer prefers terms that leave time for receipt, distribution, and the sale of the goods, when on the other hand you want to get paid at the time the goods are shipped. This time lag can be devastating to a business when it needs the funds straight away and, as a consequence, sometimes misses out on significant trade opportunities.

Bolster Trade Finance is a locally owned and operated finance company designed to support exporters (and importers) that are looking to fund commercial deals but do not have the cashflow to meet these requirements.

Check them out here or give them a bell on 0800 BOLSTER.

The New Zealand China Council released their update on the New Zealand-China trade relationship. China continues to be a key market for New Zealand exporters, despite current COVID disruptions and supply chain issues. You can access the report here ->>

Singapore is the gateway market for food and beverage exporters to the Southeast Asian Region.

This Guide is designed for Food and Drink Exporters considering launching or growing export sales to the Singapore grocery market.

Read more ->>

The upgraded Free Trade Agreement (FTA) between New Zealand and China comes into effect on April 7 which is a great development and a time for celebration. It's a reflection of 15 years of strengthening bilateral trade and people-to-people engagement.

Yet of the 300-odd Kiwi exporters having a crack at the China market today, they can be segmented into one of three scenarios: going big, going broke, and going home. A surprisingly large number of companies unfortunately fall into the latter two categories.

Read more ->>

ANZBC, in collaboration with our partner, MFAT, is delighted to bring you our third event in the series for 2022 - a Market Update from Malaysia & Brunei.

Guest speakers H.E. Pam Dunn, New Zealand's High Commissioner to Malaysia and Brunei, and Catherine Rusby, New Zealand's Trade Commissioner to Malaysia and Brunei, will provide an overview of the outlook on Malaysia and Brunei, key developments, market trends and opportunities, as well as the implications on New Zealand trade and business interests in to Malaysia and Brunei.

Register here ->>

Get Market Intelligence Reports written by the network of offshore offices operated by the Ministry of Foreign Affair and Trade. These reports provide a New Zealand perspective on what’s happening in offshore markets. They are free, regular and targeted to your sector. You can change your preferences or unsubscribe at any time.

Subscribe here:  https://mfat-reports.info/bnz

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