Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Chamber Welcomes Goff’s Participation in WTO

27 June 2006

Chamber Welcomes Goff’s Participation in WTO Discussions on Services

The Government’s decision to send Trade Minister Phil Goff to the forthcoming discussions on the Doha Round has been welcomed by Charles Finny, CEO of the Wellington Regional Chamber of Commerce.

Mr Goff travels to Geneva this week to join other Trade Ministers in advancing a deal on agriculture and industrial products. While there he will participate in discussions on the state of the Doha Round services negotiations.

“I am pleased the government fully recognises the importance of services in the context of the Doha Round”, Mr Finny said.

“For the EU and US to agree to liberalisation of trade in agriculture, there will need to be some progress in trade in services and services are increasingly important to the New Zealand economy.

“The Chamber thinks that a good deal on agriculture, particularly on abolishing export subsidies, is on the table. What we have to do now is secure this deal.

“The Balance of Payments figures released last week highlight the importance of New Zealand’s Services exports. These now represent around 28% of total exports - $12.1 billion in the year ended March 2006.

“The Wellington region’s economy is one of the most dependent on the service activities of any region in New Zealand. 90% of our regional GDP is generated by services activity.

“While we acknowledge the on-going importance of agriculture to the New Zealand economy, there needs to be good emphasis placed on achieving a high quality outcome in non-agricultural goods and services.

“The better the deals on non-agricultural goods and services, the better the deal on agriculture will be,” Mr Finny concluded.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>