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MESSAGE FROM EXPORTNZ
Ata mārie koutou,
This week, New Zealands trade agenda is front and centre as both Prime Minister Jacinda Ardern and Trade and Export Growth Minister Damien O’Connor travel to Europe and Australia for trade, tourism and foreign policy events. We will be watching closely for any updates on the progress of the NZ-EU FTA.
There is also still time to enter our Hawke’s Bay branch ExportNZ ASB Awards for 2022. These awards are a great way to celebrate the success of our exporters in each region - see below for more information!
Ngā mihi
Josh
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June trade update
All Eyes On PM’s Visit to Brussels
Senior Officials have been camped in Europe for weeks and Minister O’Connor has stayed on after the WTO Ministerial to be in Brussels. Does this mean that the PM will be able to reach “agreement in principle” in the NZ EU FTA negotiation when she visits Brussels next week?
There are concerns in some circles that the political pressure is on for an agreement, even though the outcome for some sectors may not be as good as the sector was hoping for. Dairy and beef are mentioned as sectors still needing further work. The dairy industry is also watching the geographical indications element of the negotiation closely. Will we still be able to buy New Zealand made parmesan cheese after this Agreement?
Other elements of the intellectual property chapter will be of interest to the pharmaceutical, book and film industries.
Read more ->>
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ExportNZ ASB Hawkes Bay Export Awards
This year, the ExportNZ ASB Hawkes Bay Export Awards will be held on Thursday 25 Aug 2022.
These awards are a celebration of all the businesses making a name for their regions on the world stage.
Find out more about the Hawkes Bay awards here ->>
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Te Whakahaere Āhuarangi Limited is undertaking market analysis to assess the current and future supply and demand for voluntary offsets in New Zealand for the Carbon Neutral Government Programme. The research will identify opportunities to develop and incentivise the market for voluntary offsets. Businesses are invited to participate in a survey that will help inform MfE about the type of offset projects that individual businesses can support, and the scale needed to meet current and future demand for offsets.
Fill out the survey here.
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Mobileheroes 2022 Connectivity Innovation Challenge
The "Mobileheroes 2022 Connectivity Innovation Challenge" is the longest-running ICT tech contest in Taiwan. The organiser is inviting global startups to present their products/solutions by using ICT technology or AI. For example communication software, mobile communication and IoT applications.
Prize:
Gold Medal winner: USD 30,000
Merit Award winner: USD 15,000.
Short-listed teams will be given access to mentorship, Taiwan’s Ecosystem and opportunities to meet with potential investors.
Registration open now until 30 June 2022.
Download the Entry information here->>
Register here ->>
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Vietnam's strong economy entices NZ exporters
Vietnam is being touted as a good option for Kiwi exporters looking to diversify where they sell their goods, as the rocky international market hits many of our traditional trading partners hard.
The South East Asian nation's economy is now one of the strongest in the region - thanks in large part to its management of Covid-19. A recent Ministry of Foreign Affairs and Trade report has highlighted how Vietnam has grown in the space of just one generation, from being one of the poorest countries in the world to an "almost" middle-income country.
The report prepared by the New Zealand High Embassy in Ha Noi says Vietnam's growth has surpassed many of its closest neighbours.
Read more ->>
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Silicon Valley help for NZ merino
A California connection has New Zealand Merino Company (NZM) leaders positive they can top the more than $105 million in sales this year.
The company has formed a partnership with a Silicon Valley technology platform called Actual to tap into some of its smartest innovation and technology brains.
This will be woven into NZM’s model of long-term contracts, "storytelling" and premiums through its ZQRX programme with brand partners such as Smartwool, Allbirds icebreaker and Reda.
Read more ->>
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The price of shipping
Disruptions to global supply chains triggered by the pandemic have hit NZ’s freight and supply chain system hard - it’s a whopping great driver of inflation so a large part of the reason we’re paying so much for goods and services
New Zealand tends to feel the impacts of higher freight rates much more than other countries given its geographical distance from major markets… 99% of our country’s imports and exports end up travelling via global shipping routes to reach us.
Listen to interview with DHL’s NZ Managing Director Mark Foy on his analysis here ->>
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Sustainable packaging highlighted for New Zealand exporters
New Zealand Trade and Enterprise – Te Taurapa Tūhono (NZTE) has released new resources on sustainable packaging for New Zealand exporters, in response to global trends and requirements for businesses to reduce waste and non-renewable material use.
NZTE's resources were prepared based on market intelligence from its offices overseas, with further support from industry expert and packaging consultant Nikki Withington.
Read more ->>
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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!
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Ministry of Foreign Affairs and Trade: Market Reports
Get Market Intelligence Reports written by the network of offshore offices operated by the Ministry of Foreign Affairs 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
Latest reports
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Weekly Global Economic Round-up - 17 June 2022
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Non-tariff measures: Impacts, trends and effects on exports from New Zealand
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Overview of the Vietnamese Food and Beverage Sector - June 2022
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Opportunities for NZ as Viet Nam's middle class expands - June 2022
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Malaysia restricts chicken trade - June 2022
See more ->>
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